# Dollar remains on front foot for now - Bank of Ireland Corporate

> The dollar extended gains after the Fed meeting while the Bank of England held policy steady. UK public sector borrowing for August was £18.0 billion, the highest August figure in five years, and weighed on sterling at about $1.3515. The S&P 500 closed at record highs.

- Date: 2025-09-19 · published 2025-09-19T12:00:00.000Z
- Category: macro · region UK · magnitude low
- Page: https://feedsoft.ai/events/23146-dollar-remains-on-front-foot-for-now-bank-of-ireland-corporate
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

A stronger dollar and rising UK borrowing pressure sterling-linked costs, while higher US yields tend to weigh on dollar-denominated commodity prices.

## Read by commodity

- DXY: bullish ▲
- GBPUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2023-05-31 | [Euro To Dollar Rate: "On Course For H2 Target Of 1.06" Say Rabobank](https://feedsoft.ai/events/36154-euro-to-dollar-rate-and-quot-on-course-for-h2-target-of-1-06-and-quot-say.md) | -0.5% | -1.0% |
| DXY | 2016-08-31 | [Strong dollar remains anchor on prices](https://feedsoft.ai/events/12399-strong-dollar-remains-anchor-on-prices.md) | -1.2% | +0.3% |
| DXY | 2018-09-26 | [U.S. Dollar Remains on Front Foot after Federal Reserve Upgrades Economic Forecasts and Flags More Rate Hikes to Come: Analysts Give their Views](https://feedsoft.ai/events/63242-u-s-dollar-remains-on-front-foot-after-federal-reserve-upgrades-economic.md) | +0.2% | +1.5% |
| DXY | 2023-06-22 | [Dollar, yields rise after Powell comments, Bank of England rate hike \| Reuters](https://feedsoft.ai/events/35670-dollar-yields-rise-after-powell-comments-bank-of-england-rate-hike-reuters.md) | +0.5% | -1.0% |
| DXY | 2022-08-08 | [Indian rupee weakens on Fed rate hike bets, dollar demand from importers \| Reuters](https://feedsoft.ai/events/40317-indian-rupee-weakens-on-fed-rate-hike-bets-dollar-demand-from-importers-reuters.md) | -1.1% | +1.2% |

## Sources

- corporate-economy.bankofireland.com: https://corporate-economy.bankofireland.com/dollar-remains-on-front-foot-for-now/

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