# US dollar gains as Warsh named next Fed Chair

> President Trump named Kevin Warsh to succeed Jerome Powell as Fed chair, and the dollar recovered some of its earlier losses after the Fed held rates steady. Producer price data for December also came in higher than expected, showing businesses passing through tariff-driven costs.

- Date: 2026-02-01 · published 2026-02-01T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/21240-us-dollar-gains-as-warsh-named-next-fed-chair
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A firmer dollar on expectations of a patient Fed reduces the support that a weak currency gives to dollar-priced commodities. Persistent tariff pass-through keeps input costs elevated for feed producers.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2021-06-18 | [As Fed wakes sleeping dollar, jolted bears may bolster gains](https://feedsoft.ai/events/5928-as-fed-wakes-sleeping-dollar-jolted-bears-may-bolster-gains.md) | -0.2% | +0.4% |
| DXY | 2017-10-02 | [Asia FX falters as dollar gains offset upbeat China news](https://feedsoft.ai/events/68728-asia-fx-falters-as-dollar-gains-offset-upbeat-china-news.md) | +0.6% | +1.6% |
| DXY | 2020-08-19 | [Dollar gains but Wall Street retreats as Fed nixes dovish measure](https://feedsoft.ai/events/51531-dollar-gains-but-wall-street-retreats-as-fed-nixes-dovish-measure.md) | +0.2% | -1.0% |
| DXY | 2018-10-17 | [edges lower as dollar gains after hawkish Fed minutes](https://feedsoft.ai/events/62444-edges-lower-as-dollar-gains-after-hawkish-fed-minutes.md) | +1.1% | +2.3% |
| DXY | 2026-03-30 | [Dollar rebounds as shale 'isolates' US but Fed outlook clouds gains](https://feedsoft.ai/events/20353-dollar-rebounds-as-shale-isolates-us-but-fed-outlook-clouds-gains.md) | -0.2% | -1.8% |

## Sources

- reuters.com: https://www.reuters.com/world/africa/dollar-poised-weekly-slide-global-tensions-rise-2026-01-30/

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