# US dollar rallies as global easing policies give short-term reprieve

> The US dollar rebounded against major and emerging market currencies on Monday, ending a week of declines. Central banks in China and Singapore eased monetary policy, and governments tightened coronavirus lockdowns and launched fiscal measures. The euro, sterling and Australian dollar all fell against the dollar.

- Date: 2020-03-30 · published 2020-03-30T12:00:00.000Z
- Category: macro · region Global · magnitude medium
- Page: https://feedsoft.ai/events/10703-us-dollar-rallies-as-global-easing-policies-give-short-term-reprieve
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Global monetary easing and a renewed safe-haven dollar bid strengthen the dollar, which pressures dollar-priced commodities and can weigh on US export competitiveness for feed grains and meals. The rebound is described as temporary, so the price effect may be short-lived.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2018-09-28 | [Risks of global dollar shortage are rising: McGeever - The Globe and Mail](https://feedsoft.ai/events/63246-risks-of-global-dollar-shortage-are-rising-mcgeever-the-globe-and-mail.md) | +0.6% | +1.3% |
| DXY | 2024-06-07 | [US dollar bounces as strong jobs report likely delays Fed easing this year](https://feedsoft.ai/events/8474-us-dollar-bounces-as-strong-jobs-report-likely-delays-fed-easing-this-year.md) | +1.4% | +0.8% |
| DXY | 2020-03-19 | [A global rush into the US dollar is driving extreme market moves and a temporary shortage](https://feedsoft.ai/events/6274-a-global-rush-into-the-us-dollar-is-driving-extreme-market-moves-and-a.md) | +0.5% | -0.9% |
| DXY | 2022-09-30 | [Dollar shock threatens global economy \| Reuters](https://feedsoft.ai/events/39756-dollar-shock-threatens-global-economy-reuters.md) | -0.2% | -0.3% |
| DXY | 2022-04-28 | [Global shares rise as earnings boost, U.S. dollar hits 20-year high](https://feedsoft.ai/events/42072-global-shares-rise-as-earnings-boost-u-s-dollar-hits-20-year-high.md) | +0.1% | -0.4% |

## Sources

- cnbc.com: https://www.cnbc.com/2020/03/30/forex-markets-coronavirus-in-focus.html

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