# Why the Dollar Keeps Getting Stronger

> The dollar rose the most in years against a basket of major currencies the day after the US election and kept climbing. Investors reacted to the policies proposed by the president-elect, and forecasters revised their outlooks for the dollar.

- Date: 2024-11-14 · published 2024-11-14T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/11852-why-the-dollar-keeps-getting-stronger
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A stronger dollar makes dollar-priced commodities more expensive for foreign buyers, which tends to weigh on US export demand and grain and meal prices.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2023-06-01 | [Why is the US dollar so strong again?](https://feedsoft.ai/events/35846-why-is-the-us-dollar-so-strong-again.md) | -0.9% | -1.2% |
| DXY | 2021-03-24 | [What a stronger dollar means for the world](https://feedsoft.ai/events/48323-what-a-stronger-dollar-means-for-the-world.md) | +0.8% | -0.9% |
| DXY | 2022-09-28 | [Why is the US dollar so strong, and what does it mean?](https://feedsoft.ai/events/10320-why-is-the-us-dollar-so-strong-and-what-does-it-mean.md) | -1.8% | -1.5% |
| DXY | 2022-07-01 | [Why has the dollar been so strong – and can it continue?](https://feedsoft.ai/events/40856-why-has-the-dollar-been-so-strong-and-can-it-continue.md) | +1.2% | +0.7% |
| DXY | 2024-06-06 | [Why the US dollar is likely to stay ‘stronger for longer’ \| Goldman Sachs](https://feedsoft.ai/events/8480-why-the-us-dollar-is-likely-to-stay-stronger-for-longer-goldman-sachs.md) | +1.1% | +0.8% |

## Sources

- nytimes.com: https://www.nytimes.com/2024/11/14/business/strong-dollar-trump.html

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