# US Dollar flat with Trump trade fading while US leading indicators are not enjoying a Trump effect

> The dollar was flat around 106.50 on the DXY index as the post-election rally faded. New York Fed President John Williams said inflation is cooling and rates should fall further, and weekly jobless claims and the Philadelphia Fed manufacturing survey came in weaker than expected.

- Date: 2024-11-21 · published 2024-11-21T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/27612-us-dollar-flat-with-trump-trade-fading-while-us-leading-indicators-are-not
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Softer US data and dovish Fed signals reduce support for the dollar and could lift dollar-priced commodities over time. The move is small and has no direct effect on feed supply.

## Read by commodity

- DXY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2025-03-31 | [Pound steadies against dollar as US trade tariffs loom](https://feedsoft.ai/events/25831-pound-steadies-against-dollar-as-us-trade-tariffs-loom.md) | -0.5% | -2.8% |
| DXY | 2024-03-01 | [FX: A dollar decline is delayed, not deterred \| ING THINK](https://feedsoft.ai/events/31396-fx-a-dollar-decline-is-delayed-not-deterred-ing-think.md) | -0.8% | -0.1% |
| DXY | 2024-07-25 | [Trump, Vance campaign collides with US dollar's bull run \| S&P Global](https://feedsoft.ai/events/29458-trump-vance-campaign-collides-with-us-dollar-s-bull-run-s-and-p-global.md) | +0.1% | -1.4% |
| DXY | 2018-01-17 | [The US Dollar is Not Yet Ripe For a Reversal, Says Westpac](https://feedsoft.ai/events/67170-the-us-dollar-is-not-yet-ripe-for-a-reversal-says-westpac.md) | -0.3% | -0.5% |
| DXY | 2024-02-26 | [Dollar Ends the Week Flat Even as Treasury Yields Fall](https://feedsoft.ai/events/31932-dollar-ends-the-week-flat-even-as-treasury-yields-fall.md) | -0.0% | +0.1% |

## Sources

- fxstreet.com: https://www.fxstreet.com/news/us-dollar-flattens-after-feds-williams-delivers-dovish-comments-202411211236

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