# Article | Will the Fed kill the EM currency rally, or will Trump? | treasuryXL

> The US dollar is strengthening broadly against emerging-market currencies as markets expect the Federal Reserve to raise interest rates in December. The article also cites reduced room for further ECB and BoJ quantitative easing. A Trump win is seen as a possible further boost to the dollar through protectionism.

- Date: 2016-11-01 · published 2016-11-01T12:00:00.000Z
- Category: macro · region Global · magnitude medium
- Page: https://feedsoft.ai/events/11053-article-will-the-fed-kill-the-em-currency-rally-or-will-trump-treasuryxl
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A firmer dollar and tighter global liquidity tend to weigh on commodity prices quoted in dollars and can pressure emerging-market import costs for feed ingredients.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2019-11-28 | [EUR: The funding currency \| articles \| ING THINK](https://feedsoft.ai/events/56282-eur-the-funding-currency-articles-ing-think.md) | -0.6% | -1.8% |
| DXY | 2024-07-03 | [EM currencies fall amid Treasury yields outlook - InvestmentNews](https://feedsoft.ai/events/9455-em-currencies-fall-amid-treasury-yields-outlook-investmentnews.md) | -0.9% | -0.5% |
| DXY | 2016-12-08 | [FX: What Next for Currencies in Trump Sell-Off?](https://feedsoft.ai/events/73686-fx-what-next-for-currencies-in-trump-sell-off.md) | +0.1% | +1.4% |
| DXY | 2016-11-14 | [Emerging market bond, currency markets face ‘meltdown’ after Trump's win](https://feedsoft.ai/events/74153-emerging-market-bond-currency-markets-face-meltdown-after-trump-s-win.md) | +1.4% | +0.8% |
| DXY | 2019-04-30 | [Market alert: Will the Fed cut interest rates? \| XTB](https://feedsoft.ai/events/59760-market-alert-will-the-fed-cut-interest-rates-xtb.md) | -0.1% | +0.7% |

## Sources

- treasuryxl.com: https://treasuryxl.com/blog/will-fed-kill-em-currency-rally-will-trump-simon-knappstein/

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