# Dollar Slides as Trade-War Risk Drives Investors to Other Havens

> Concerns about the economic fallout of the US-sparked trade war pulled down Treasury yields and sent stock prices tumbling. The Bloomberg Dollar Spot Index weakened as much as 0.7% before paring the drop.

- Date: 2025-03-04 · published 2025-03-04T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/9709-dollar-slides-as-trade-war-risk-drives-investors-to-other-havens
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Trade war fears weigh on global growth and risk appetite, which can reduce demand for feed-linked commodities and pressure prices. The dollar's modest move signals investors seeking safe havens rather than a shift in grain fundamentals.

## Read by commodity

- DXY: bearish ▼
- SOY: bearish ▼
- CORN: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| DXY | 2025-03-07 | 5 | -1.8% | -3.2 | Trade-war fears pulled Treasury yields down and weakened the dollar as the safe-haven bid shifted elsewhere. |
| DXY | 2025-03-05 | 1 | -1.2% | -3.6 | Trade-war fears on March 4 lowered Treasury yields and pushed the dollar down, setting up the March 5 follow-through. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2019-08-02 | [Yen surges after Trump trade salvo wipes out dollar rally](https://feedsoft.ai/events/57809-yen-surges-after-trump-trade-salvo-wipes-out-dollar-rally.md) | +0.4% | +1.7% |
| DXY | 2025-05-06 | ['Asian crisis in reverse' as currencies soar on the dollar](https://feedsoft.ai/events/9618-asian-crisis-in-reverse-as-currencies-soar-on-the-dollar.md) | +1.0% | -0.7% |
| DXY | 2025-03-04 | [Investors say it's time to take Trump seriously as markets recoil](https://feedsoft.ai/events/9710-investors-say-it-s-time-to-take-trump-seriously-as-markets-recoil.md) | -1.2% | -0.8% |
| DXY | 2017-01-31 | [Dollar hit by crossfire as Trump talks currency wars](https://feedsoft.ai/events/73222-dollar-hit-by-crossfire-as-trump-talks-currency-wars.md) | -0.6% | -0.6% |
| DXY | 2018-01-26 | [Dollar's terrible week warning of what could with Trump's on trade](https://feedsoft.ai/events/10405-dollar-s-terrible-week-warning-of-what-could-with-trump-s-on-trade.md) | -0.0% | +1.1% |
| SOY | 2019-11-13 | [Dollar falls against yen as investors shift to safe havens](https://feedsoft.ai/events/56316-dollar-falls-against-yen-as-investors-shift-to-safe-havens.md) | +0.6% | -1.4% |
| SOY | 2021-11-01 | [Harvesting another trade war - R Street Institute](https://feedsoft.ai/events/44036-harvesting-another-trade-war-r-street-institute.md) | -3.5% | +0.5% |
| SOY | 2018-10-12 | [Trade War Drives Farmers to Corn as China Shuns US Soybeans - TT](https://feedsoft.ai/events/8558-trade-war-drives-farmers-to-corn-as-china-shuns-us-soybeans-tt.md) | +0.6% | +1.1% |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2025-03-04/dollar-slides-as-trade-war-risk-drives-investors-to-other-havens

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