# Dollar dips in choppy trade as investors weigh Ukraine scenarios | Reuters

> The dollar dipped slightly against major currencies after Putin recognised two breakaway Ukrainian regions and ordered troops there. Britain announced sanctions, Germany froze the Nord Stream 2 pipeline, and the US announced its first wave of sanctions.

- Date: 2022-02-22 · published 2022-02-22T12:00:00.000Z
- Category: geopolitics · region Ukraine · magnitude medium
- Page: https://feedsoft.ai/events/9836-dollar-dips-in-choppy-trade-as-investors-weigh-ukraine-scenarios-reuters
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Sanctions and the Nord Stream freeze raise European energy costs and tighten Black Sea supply expectations. The brief dollar dip is choppy and reflects uncertainty rather than a durable trend.

## Read by commodity

- DXY: bearish ▼
- EURUSD: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-01-20 | [Dollar lower as investors reignite 'Sell America' trade \| Reuters](https://feedsoft.ai/events/7342-dollar-lower-as-investors-reignite-sell-america-trade-reuters.md) | -1.7% | -2.0% |
| DXY | 2026-01-22 | [Stocks rise as dollar dips after Trump's walk-back of Greenland threats \| Reuters](https://feedsoft.ai/events/7349-stocks-rise-as-dollar-dips-after-trump-s-walk-back-of-greenland-threats-reuters.md) | -1.5% | -0.9% |
| DXY | 2026-03-04 | [US dollar dips from multimonth highs on Middle East optimism \| Reuters](https://feedsoft.ai/events/11003-us-dollar-dips-from-multimonth-highs-on-middle-east-optimism-reuters.md) | -0.6% | +1.3% |
| DXY | 2026-01-22 | [EUR/USD rallies above 1.1740 as easing trade tensions weaken Dollar](https://feedsoft.ai/events/7347-eur-usd-rallies-above-1-1740-as-easing-trade-tensions-weaken-dollar.md) | -1.5% | -0.9% |
| DXY | 2022-03-30 | [Asia Session: 'Reduced' Russia Operations Sparks Relief Rally; Dollar Falls \| Investing.com](https://feedsoft.ai/events/42514-asia-session-reduced-russia-operations-sparks-relief-rally-dollar-falls.md) | +0.1% | +2.9% |
| EURUSD | 2026-01-20 | [Dollar lower as investors reignite 'Sell America' trade \| Reuters](https://feedsoft.ai/events/7342-dollar-lower-as-investors-reignite-sell-america-trade-reuters.md) | +2.5% | +2.0% |
| EURUSD | 2026-01-22 | [Stocks rise as dollar dips after Trump's walk-back of Greenland threats \| Reuters](https://feedsoft.ai/events/7349-stocks-rise-as-dollar-dips-after-trump-s-walk-back-of-greenland-threats-reuters.md) | +2.0% | +0.5% |
| EURUSD | 2026-01-22 | [EUR/USD rallies above 1.1740 as easing trade tensions weaken Dollar](https://feedsoft.ai/events/7347-eur-usd-rallies-above-1-1740-as-easing-trade-tensions-weaken-dollar.md) | +2.0% | +0.5% |

## Sources

- reuters.com: https://www.reuters.com/business/yen-ticks-higher-euro-falters-ukraine-crisis-deepens-2022-02-22/

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