# FX: Dollar to defy seasonal trends | articles | ING THINK

> ING expects the US dollar to stay firm through year-end despite the usual seasonal softness in November and December. It attributes the strength to US growth outperformance and a hawkish Federal Reserve, and says a weaker dollar would likely require softer US macro data.

- Date: 2023-11-03 · published 2023-11-03T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/11460-fx-dollar-to-defy-seasonal-trends-articles-ing-think
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

A persistently strong dollar pressures dollar-denominated feed commodity prices and raises import costs for buyers in emerging markets.

## Read by commodity

- DXY: bullish ▲
- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2019-03-08 | [FX: Dollar against the low yielders \| articles \| ING THINK](https://feedsoft.ai/events/60268-fx-dollar-against-the-low-yielders-articles-ing-think.md) | -0.6% | -0.5% |
| DXY | 2021-11-17 | [G10 FX Outlook 2022: Mid-cycle dollar strength \| articles \| ING THINK](https://feedsoft.ai/events/43960-g10-fx-outlook-2022-mid-cycle-dollar-strength-articles-ing-think.md) | +0.8% | +1.1% |
| DXY | 2019-04-25 | [Does secular stagnation help the dollar? \| articles \| ING THINK](https://feedsoft.ai/events/59759-does-secular-stagnation-help-the-dollar-articles-ing-think.md) | -0.4% | +0.7% |
| DXY | 2021-09-28 | [FX Daily: Dollar getting a lift from the short end \| articles \| ING THINK](https://feedsoft.ai/events/45257-fx-daily-dollar-getting-a-lift-from-the-short-end-articles-ing-think.md) | +0.5% | -0.1% |
| DXY | 2020-02-21 | [G10 FX Week Ahead: The dollar way or the highway \| articles \| ING THINK](https://feedsoft.ai/events/54808-g10-fx-week-ahead-the-dollar-way-or-the-highway-articles-ing-think.md) | +0.1% | +6.7% |
| CORN | 2019-04-25 | [Does secular stagnation help the dollar? \| articles \| ING THINK](https://feedsoft.ai/events/59759-does-secular-stagnation-help-the-dollar-articles-ing-think.md) | +0.4% | +6.2% |
| CORN | 2024-02-05 | [FX Daily: Flip Flop \| articles \| ING THINK](https://feedsoft.ai/events/31892-fx-daily-flip-flop-articles-ing-think.md) | -4.6% | -6.1% |
| CORN | 2023-09-28 | [FX Daily: Perfect storm drives dollar stronger still \| articles \| ING THINK](https://feedsoft.ai/events/34306-fx-daily-perfect-storm-drives-dollar-stronger-still-articles-ing-think.md) | +1.1% | +1.7% |

## Sources

- think.ing.com: https://think.ing.com/articles/fx-dollar-to-defy-seasonal-trends/

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