# Dollar drops as data boost fades; Swiss franc gains following rate cut | Reuters

> The dollar weakened on Thursday as a boost from healthy US economic data faded. The Swiss franc rose after the Swiss central bank cut rates by 25 basis points.

- Date: 2024-09-26 · published 2024-09-26T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/28506-dollar-drops-as-data-boost-fades-swiss-franc-gains-following-rate-cut-reuters
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A softer dollar tends to support dollar-denominated commodity prices and improve export competitiveness for US feed ingredients.

## Read by commodity

- DXY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2019-05-24 | [Dollar slips as weak data boosts US rate cut bets](https://feedsoft.ai/events/59248-dollar-slips-as-weak-data-boosts-us-rate-cut-bets.md) | +0.4% | -1.2% |
| DXY | 2024-10-31 | [Dollar falls against yen, US data leaves rate cut hopes intact \| Reuters](https://feedsoft.ai/events/28067-dollar-falls-against-yen-us-data-leaves-rate-cut-hopes-intact-reuters.md) | +0.7% | +1.4% |
| DXY | 2019-06-20 | [Fed rate-cut sign boosts stocks, dollar drops](https://feedsoft.ai/events/7435-fed-rate-cut-sign-boosts-stocks-dollar-drops.md) | -1.1% | -0.8% |
| DXY | 2025-11-25 | [US dollar slumps as data backs Fed rate cut view; traders on yen alert \| Reuters](https://feedsoft.ai/events/21876-us-dollar-slumps-as-data-backs-fed-rate-cut-view-traders-on-yen-alert-reuters.md) | -0.6% | -1.8% |
| DXY | 2026-01-23 | [Sterling set for best week against dollar since August after data boost \| Reuters](https://feedsoft.ai/events/21303-sterling-set-for-best-week-against-dollar-since-august-after-data-boost-reuters.md) | -1.5% | -1.0% |

## Sources

- reuters.com: https://www.reuters.com/markets/currencies/dollar-firm-following-sharp-rebound-fed-speakers-eyed-2024-09-26/

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