# Dollar hits 14-year high as Trump-fuelled bond sell-off resumes

> The dollar hit a 14-year high against a basket of currencies as a post-election sell-off in global bond markets lifted Treasury yields and drew investors to the US currency.

- Date: 2016-11-16 · published 2016-11-16T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/9131-dollar-hits-14-year-high-as-trump-fuelled-bond-sell-off-resumes
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

A stronger dollar makes US commodity exports more expensive for foreign buyers and tends to pressure dollar-priced grains and oilseeds.

## Read by commodity

- DXY: bullish ▲
- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2024-11-13 | [Dollar hits one-year high on Trump trades](https://feedsoft.ai/events/7556-dollar-hits-one-year-high-on-trump-trades.md) | -0.3% | +0.1% |
| DXY | 2016-11-14 | [Dollar hits 13-1/2 year high, U.S. bond yields gain on Trump stimulus bets](https://feedsoft.ai/events/8328-dollar-hits-13-1-2-year-high-u-s-bond-yields-gain-on-trump-stimulus-bets.md) | +1.4% | +0.8% |
| DXY | 2026-10-01 | [Dollar hits 17-month high versus euro as bond selloff lifts yields](https://feedsoft.ai/events/9653-dollar-hits-17-month-high-versus-euro-as-bond-selloff-lifts-yields.md) | +0.2% | +0.6% |
| DXY | 2022-08-29 | [Dollar eases off of 20-year high as euro boosted by rates view \| Reuters](https://feedsoft.ai/events/40214-dollar-eases-off-of-20-year-high-as-euro-boosted-by-rates-view-reuters.md) | +0.6% | +4.4% |
| DXY | 2024-11-06 | [US shares, Bitcoin hit record high and dollar soars on Trump win](https://feedsoft.ai/events/9520-us-shares-bitcoin-hit-record-high-and-dollar-soars-on-trump-win.md) | +1.9% | +1.5% |
| CORN | 2016-11-14 | [Dollar hits 13-1/2 year high, U.S. bond yields gain on Trump stimulus bets](https://feedsoft.ai/events/8328-dollar-hits-13-1-2-year-high-u-s-bond-yields-gain-on-trump-stimulus-bets.md) | -3.6% | -0.7% |
| CORN | 2016-12-16 | [Dollar near 14-year highs after Fed tips more rate hikes](https://feedsoft.ai/events/6461-dollar-near-14-year-highs-after-fed-tips-more-rate-hikes.md) | -3.0% | -0.2% |
| CORN | 2022-05-05 | [Dollar index hits 20-year high, sterling tumbles on dovish BoE](https://feedsoft.ai/events/8318-dollar-index-hits-20-year-high-sterling-tumbles-on-dovish-boe.md) | +6.2% | +0.4% |

## Sources

- reuters.com: https://www.reuters.com/article/global-markets-idUSL8N1DH3U5/?feedName=usDollarRpt&feedType=RSS

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