# Dollar retains strength against peers on Trump trade | Reuters

> The dollar strengthened against major peers on Trump-trade expectations of fiscal stimulus, tariffs and deregulation. The Australian dollar fell to a three-month low after weaker jobs data.

- Date: 2024-11-14 · published 2024-11-14T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/11853-dollar-retains-strength-against-peers-on-trump-trade-reuters
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

Dollar strength on tariff expectations raises the cost of US commodities abroad and pressures commodity currencies such as the Australian dollar, which can cut export competitiveness for Australian grains and feed.

## Read by commodity

- DXY: bullish ▲
- AUDUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2025-11-17 | [Dollar strengthens as traders await return of U.S. data \| Reuters](https://feedsoft.ai/events/22148-dollar-strengthens-as-traders-await-return-of-u-s-data-reuters.md) | +0.7% | -0.8% |
| DXY | 2022-11-02 | [Dollar regains strength as Powell dashes hope of a Fed pause \| Reuters](https://feedsoft.ai/events/38842-dollar-regains-strength-as-powell-dashes-hope-of-a-fed-pause-reuters.md) | -1.4% | -4.2% |
| DXY | 2016-11-10 | [Dollar gains against yuan on Trump policy worries](https://feedsoft.ai/events/7739-dollar-gains-against-yuan-on-trump-policy-worries.md) | +1.9% | +2.3% |
| DXY | 2025-10-31 | [South African rand remains subdued amid dollar strength \| Reuters](https://feedsoft.ai/events/22699-south-african-rand-remains-subdued-amid-dollar-strength-reuters.md) | +0.3% | -0.2% |
| DXY | 2021-03-01 | [Dollar gains on reflation trade, Aussie recovers \| Financial Post](https://feedsoft.ai/events/48359-dollar-gains-on-reflation-trade-aussie-recovers-financial-post.md) | +0.8% | +0.8% |

## Sources

- reuters.com: https://www.reuters.com/markets/currencies/dollar-one-year-high-trump-trade-momentum-eclipses-fed-easing-view-2024-11-14/

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