# Dollar advances after White House reiterates Trump tariff threats

> The dollar advanced after the White House reiterated tariff threats against trading partners. US PCE inflation data was released, and Fed Chair Jerome Powell said there would be no rush to cut rates again while still implying room for easing.

- Date: 2025-01-31 · published 2025-01-31T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/26698-dollar-advances-after-white-house-reiterates-trump-tariff-threats
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

A firmer dollar makes US-priced grains, soybeans and meal less competitive for importers, which can weigh on export demand and futures. Tariff threats add uncertainty to feed trade flows.

## Read by commodity

- DXY: bullish ▲
- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2025-02-27 | [Dollar jumps as Trump tariffs loom \| Reuters](https://feedsoft.ai/events/26222-dollar-jumps-as-trump-tariffs-loom-reuters.md) | -0.6% | -0.8% |
| DXY | 2024-11-12 | [US dollar and bitcoin advance spurred by Trump tariff expectations](https://feedsoft.ai/events/6698-us-dollar-and-bitcoin-advance-spurred-by-trump-tariff-expectations.md) | +0.8% | +1.1% |
| DXY | 2024-10-25 | [Dollar advances after data as eyes turn to jobs report \| Reuters](https://feedsoft.ai/events/28049-dollar-advances-after-data-as-eyes-turn-to-jobs-report-reuters.md) | +0.2% | +2.4% |
| DXY | 2026-02-05 | [U.S. dollar hits two-week high, pound slumps after BoE holds rates](https://feedsoft.ai/events/20865-u-s-dollar-hits-two-week-high-pound-slumps-after-boe-holds-rates.md) | -0.7% | +1.1% |
| DXY | 2017-02-09 | [U.S. dollar, bond yields rise after Trump promises tax plan](https://feedsoft.ai/events/72685-u-s-dollar-bond-yields-rise-after-trump-promises-tax-plan.md) | +0.1% | +0.7% |
| CORN | 2024-11-12 | [US dollar and bitcoin advance spurred by Trump tariff expectations](https://feedsoft.ai/events/6698-us-dollar-and-bitcoin-advance-spurred-by-trump-tariff-expectations.md) | -0.5% | +1.1% |
| CORN | 2025-01-20 | [A weakening yuan tests Beijing's resolve as Trump tariff threats loom](https://feedsoft.ai/events/9595-a-weakening-yuan-tests-beijing-s-resolve-as-trump-tariff-threats-loom.md) | +0.3% | +2.9% |
| CORN | 2016-12-16 | [Dollar near 14-year highs after Fed tips more rate hikes](https://feedsoft.ai/events/6461-dollar-near-14-year-highs-after-fed-tips-more-rate-hikes.md) | -3.0% | -0.2% |

## Sources

- reuters.com: https://www.reuters.com/markets/currencies/yen-set-best-january-seven-years-rates-path-diverge-2025-01-31/

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