# Dollar climbs as stock rout spreads to Asian, European markets

> The US dollar gained against major currencies as a selloff in AI-related stocks spread across Asian and European markets. Investors sought cash and US Treasuries ahead of the US payrolls report, with the dollar rising against the yen and Swiss franc and the euro and pound weakening.

- Date: 2026-11-06 · published 2026-11-07T00:27:27.641Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/85275-dollar-climbs-as-stock-rout-spreads-to-asian-european-markets
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md), [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md), [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

Safe-haven demand supported the dollar during the global equity selloff. Dollar strength can weigh on dollar-denominated commodity prices and alter export competitiveness.

## Read by commodity

- DXY: bullish ▲
- EURUSD: bearish ▼
- GBPUSD: bearish ▼
- USDJPY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2020-08-28 | [Fed Shift Boosts U.S. Dollar, But Asian Markets Shrug](https://feedsoft.ai/events/51529-fed-shift-boosts-u-s-dollar-but-asian-markets-shrug.md) | -0.5% | +1.0% |
| DXY | 2024-10-14 | [US dollar climbs to 10-week peak; euro, China's yuan fall](https://feedsoft.ai/events/11042-us-dollar-climbs-to-10-week-peak-euro-china-s-yuan-fall.md) | +1.2% | +3.1% |
| DXY | 2026-09-15 | [Dollar inches higher as 10-year Treasury yield climbs to highest since 2007 \| MarketScreener UK](https://feedsoft.ai/events/17645-dollar-inches-higher-as-10-year-treasury-yield-climbs-to-highest-since-2007.md) | +0.6% | +2.3% |
| DXY | 2023-09-26 | [Thai baht leads Asian currencies lower, pressured by dollar - Markets - Business Recorder](https://feedsoft.ai/events/34379-thai-baht-leads-asian-currencies-lower-pressured-by-dollar-markets-business.md) | +0.8% | +1.3% |
| DXY | 2022-05-09 | [U.S. dollar touches 20-year high as markets shun risk](https://feedsoft.ai/events/41620-u-s-dollar-touches-20-year-high-as-markets-shun-risk.md) | +0.8% | -1.3% |
| EURUSD | 2022-07-05 | [European stock markets tumble on rising fears of recession \| Stock markets \| The Guardian](https://feedsoft.ai/events/10290-european-stock-markets-tumble-on-rising-fears-of-recession-stock-markets-the.md) | -3.1% | -1.3% |
| EURUSD | 2026-09-10 | [Euro slips as dollar rises after ECB rate hike \| MarketScreener](https://feedsoft.ai/events/17698-euro-slips-as-dollar-rises-after-ecb-rate-hike-marketscreener.md) | -0.8% | -3.8% |
| EURUSD | 2022-06-30 | [Euro under pressure as inflation fears send investors to dollar haven - Markets - Business Recorder](https://feedsoft.ai/events/41161-euro-under-pressure-as-inflation-fears-send-investors-to-dollar-haven-markets.md) | -3.0% | -3.0% |

## Sources

- kitco.com: https://www.kitco.com/news/off-the-wire/2026-11-06/dollar-climbs-stock-rout-spreads-asian-european-markets

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.