# FX Talking: Trump’s currency, your problem | bundles | ING THINK

> ING notes that the Fed's broad trade-weighted dollar, adjusted for inflation, is at its highest since 1985. The bank says a stronger dollar this year is now a consensus call, supported by Trump's policy agenda and a strong US labour market.

- Date: 2025-01-13 · published 2025-01-13T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/26702-fx-talking-trump-s-currency-your-problem-bundles-ing-think
- 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 structurally strong dollar lifts the cost of imported feed inputs for non-US buyers and tends to cap US commodity export demand, which is bearish for feed grain and meal prices.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2019-11-28 | [EUR: The funding currency \| articles \| ING THINK](https://feedsoft.ai/events/56282-eur-the-funding-currency-articles-ing-think.md) | -0.6% | -1.8% |
| DXY | 2024-12-03 | [FX Daily: BRICS currencies under pressure \| articles \| ING THINK](https://feedsoft.ai/events/12462-fx-daily-brics-currencies-under-pressure-articles-ing-think.md) | -0.4% | +1.7% |
| DXY | 2016-12-08 | [FX: What Next for Currencies in Trump Sell-Off?](https://feedsoft.ai/events/73686-fx-what-next-for-currencies-in-trump-sell-off.md) | +0.1% | +1.4% |
| DXY | 2021-12-02 | [Our three FX calls for 2022 \| articles \| ING THINK](https://feedsoft.ai/events/43824-our-three-fx-calls-for-2022-articles-ing-think.md) | -0.4% | -0.5% |
| DXY | 2016-11-14 | [Emerging market bond, currency markets face ‘meltdown’ after Trump's win](https://feedsoft.ai/events/74153-emerging-market-bond-currency-markets-face-meltdown-after-trump-s-win.md) | +1.4% | +0.8% |
| CORN | 2016-12-08 | [FX: What Next for Currencies in Trump Sell-Off?](https://feedsoft.ai/events/73686-fx-what-next-for-currencies-in-trump-sell-off.md) | +0.9% | +0.3% |
| CORN | 2024-12-19 | [Why Brazil’s currency is plunging](https://feedsoft.ai/events/27149-why-brazil-s-currency-is-plunging.md) | +2.0% | +7.4% |
| CORN | 2023-11-03 | [FX: Dollar to defy seasonal trends \| articles \| ING THINK](https://feedsoft.ai/events/11460-fx-dollar-to-defy-seasonal-trends-articles-ing-think.md) | +1.0% | -1.0% |

## Sources

- think.ing.com: https://think.ing.com/bundles/fx-talking-trumps-currency-your-problem-bundle/

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