# Dollar edges higher as investors wait on fiscal stimulus

> The dollar gained on Monday as investors waited for US fiscal stimulus to offset the impact of business shutdowns from coronavirus measures. The Fed had already taken unprecedented steps to support lending.

- Date: 2020-03-23 · published 2020-03-23T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/11353-dollar-edges-higher-as-investors-wait-on-fiscal-stimulus
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Expectations of US fiscal support sustain dollar demand in the near term. Fiscal stimulus would support US economic activity and commodity demand.

## Read by commodity

- DXY: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/article/us-global-forex/dollar-erases-losses-as-stocks-plunge-again-idUSKBN21A028/?il=0

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