# Dollar rises in midst of consolidation, trims gains after weak US data

> The dollar rose during a period of consolidation but gave back some gains after weak US economic data. Rate futures priced in 44 basis points of easing for 2025, up from 38 the previous day, and the Fed was seen possibly resuming cuts in September or October.

- Date: 2025-02-21 · published 2025-02-21T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/25968-dollar-rises-in-midst-of-consolidation-trims-gains-after-weak-us-data
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Stronger expectations for Fed cuts tend to soften the dollar over time, a modest support for dollar-priced grain and meal exports.

## Read by commodity

- DXY: neutral

## Sources

- reuters.com: https://www.reuters.com/markets/currencies/dollar-hits-year-to-date-lows-bulls-get-nervous-2025-02-21/

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