# US Dollar (USD) Erases Gain as Fed's Bowman Signal July Rate Cut Support - Bloomberg

> On June 23, 2025 the dollar erased early gains after Fed Vice Chair for Supervision Bowman signaled support for a July rate cut. Her remarks echoed comments from Fed Governor Waller the previous Friday. The article notes that lower borrowing costs could reduce the dollar's appeal.

- Date: 2025-06-23 · published 2025-06-23T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/24417-us-dollar-usd-erases-gain-as-fed-s-bowman-signal-july-rate-cut-support-bloomberg
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Signals of near-term Fed easing weaken the dollar, which tends to support dollar-priced grain and oilseed prices. A softer dollar can also help US exporters compete in global feed markets.

## Read by commodity

- DXY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2018-09-20 | [Dollar Traders See the Fed's Next Rate Hike as a Big Sell Signal - Bloomberg](https://feedsoft.ai/events/63241-dollar-traders-see-the-fed-s-next-rate-hike-as-a-big-sell-signal-bloomberg.md) | +0.0% | +1.0% |
| DXY | 2024-07-31 | [Dollar falls as Fed signals likely September rate cut](https://feedsoft.ai/events/29455-dollar-falls-as-fed-signals-likely-september-rate-cut.md) | -0.5% | -1.9% |
| DXY | 2025-11-28 | [US dollar set for worst week since July as Fed rate cut looms \| Reuters](https://feedsoft.ai/events/22142-us-dollar-set-for-worst-week-since-july-as-fed-rate-cut-looms-reuters.md) | -0.5% | -1.5% |
| DXY | 2023-12-22 | [Euro (EUR USD) Hits Strongest Since August as Dollar Eases on US Rate Bets - Bloomberg](https://feedsoft.ai/events/32927-euro-eur-usd-hits-strongest-since-august-as-dollar-eases-on-us-rate-bets.md) | -0.8% | +1.5% |
| DXY | 2025-11-25 | [EUR/USD Forecast: Advances as US data, dovish Fed signal rate cut](https://feedsoft.ai/events/22154-eur-usd-forecast-advances-as-us-data-dovish-fed-signal-rate-cut.md) | -0.6% | -1.8% |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2025-06-23/dollar-surges-as-mideast-escalation-spurs-inflation-risk

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