# The US Dollar Tipped to Jump 2% Higher

> Analysts quoted in the article have turned against the US dollar as its multi-year rally faded and doubts grew over Trump's fiscal reform promises. Morgan Stanley's Hans Redeker argued that USD weakness had gone too far and sentiment was at extremes. The piece cites a possible dollar rebound of about 2%.

- Date: 2017-06-13 · published 2017-06-13T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/10202-the-us-dollar-tipped-to-jump-2-higher
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Divided views on the dollar's direction leave the outlook for dollar-priced commodities and import costs uncertain, with a rebound risk if positioning reverses.

## Read by commodity

- DXY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2021-03-23 | [Does the US dollar have further to fall?](https://feedsoft.ai/events/48319-does-the-us-dollar-have-further-to-fall.md) | +0.8% | -0.7% |
| DXY | 2019-10-31 | [Trump bets on Fed cuts to help the dollar. Don't count on it](https://feedsoft.ai/events/56774-trump-bets-on-fed-cuts-to-help-the-dollar-don-t-count-on-it.md) | -0.1% | +0.8% |
| DXY | 2022-07-26 | [Is the dollar about to take a turn?](https://feedsoft.ai/events/40682-is-the-dollar-about-to-take-a-turn.md) | -0.9% | +0.9% |
| DXY | 2019-09-19 | [Has the Fed plugged the US dollar leak? - MacroBusiness](https://feedsoft.ai/events/57275-has-the-fed-plugged-the-us-dollar-leak-macrobusiness.md) | +0.6% | -0.6% |
| DXY | 2024-08-29 | [Dollar eases after hitting highest in two weeks, US job data looms \| Reuters](https://feedsoft.ai/events/29010-dollar-eases-after-hitting-highest-in-two-weeks-us-job-data-looms-reuters.md) | +0.5% | -0.7% |

## Sources

- poundsterlinglive.com: https://www.poundsterlinglive.com/usd/6971-pound-to-dollar-exchange-rate-latest-upward-reaction

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