# US Dollar Faces Worst Weekly Decline Since November Amid Disinflation Concerns

> The dollar posted its worst weekly decline since November as disinflation signals from China and US CPI and PPI data dominated markets. Markets priced the Fed's July hike as possibly the last for a while, and global yields fell.

- Date: 2023-07-14 · published 2023-07-14T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/9983-us-dollar-faces-worst-weekly-decline-since-november-amid-disinflation-concerns
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Lower yields and a weaker dollar support risk assets and dollar-priced commodities. The shift in rate expectations is the main driver of the currency move.

## Read by commodity

- DXY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2024-02-12 | [US Dollar: A Week of Disinflation Tests \| Investing.com UK](https://feedsoft.ai/events/31887-us-dollar-a-week-of-disinflation-tests-investing-com-uk.md) | +0.1% | -0.8% |
| DXY | 2023-07-13 | [Dollar buckles on US disinflation signs as Fed nears end of hiking cycle](https://feedsoft.ai/events/9978-dollar-buckles-on-us-disinflation-signs-as-fed-nears-end-of-hiking-cycle.md) | -0.2% | +1.6% |
| DXY | 2025-11-28 | [US dollar set for worst week since July as Fed rate cut looms \| Reuters](https://feedsoft.ai/events/22142-us-dollar-set-for-worst-week-since-july-as-fed-rate-cut-looms-reuters.md) | -0.5% | -1.5% |
| DXY | 2023-11-14 | [Dollar sinks after data shows US inflation cooling \| Reuters](https://feedsoft.ai/events/10100-dollar-sinks-after-data-shows-us-inflation-cooling-reuters.md) | -1.8% | -1.4% |
| DXY | 2025-03-26 | [US Dollar's worst month since 2023: DXY faces make-or-break moment at 104.00](https://feedsoft.ai/events/25778-us-dollar-s-worst-month-since-2023-dxy-faces-make-or-break-moment-at-104-00.md) | +0.3% | -2.9% |

## Sources

- fxmag.com: https://fxmag.com/forex/us-dollar-faces-worst-weekly-decline-since-november-amid-disinflation-concerns

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