# US Dollar Forecast: Fed’s easing weighs on the Dollar

> The US Dollar Index fell to new lows near 100.00, its weakest level since the summer of 2023, and posted a fourth straight weekly decline. Investors are pricing in around 75 basis points of Fed easing by year-end following the September cut.

- Date: 2024-09-30 · published 2024-09-30T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/28507-us-dollar-forecast-fed-s-easing-weighs-on-the-dollar
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Sustained dollar weakness supports US commodity prices and export demand, while the expected Fed easing path reinforces that pressure.

## Read by commodity

- DXY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2025-05-30 | [FX Daily: Softer US spending weighs on the dollar \| ING THINK](https://feedsoft.ai/events/24860-fx-daily-softer-us-spending-weighs-on-the-dollar-ing-think.md) | -0.5% | -1.6% |
| DXY | 2020-03-31 | [US dollar weakens as Fed measure weighs](https://feedsoft.ai/events/10702-us-dollar-weakens-as-fed-measure-weighs.md) | +0.7% | +0.5% |
| DXY | 2022-12-01 | [Dollar down as Fed minutes, U.S. data weighs](https://feedsoft.ai/events/38841-dollar-down-as-fed-minutes-u-s-data-weighs.md) | -0.6% | -1.5% |
| DXY | 2019-12-17 | [Gold Price Forecast: Gold To Rise On Fed Dollar Debasement \| Gold Eagle](https://feedsoft.ai/events/55510-gold-price-forecast-gold-to-rise-on-fed-dollar-debasement-gold-eagle.md) | +0.2% | -0.5% |
| DXY | 2023-12-14 | [US Dollar Forecast: EUR/USD Rally Persists Following Fed and ECB](https://feedsoft.ai/events/8303-us-dollar-forecast-eur-usd-rally-persists-following-fed-and-ecb.md) | -1.3% | -1.3% |

## Sources

- fxstreet.com: https://www.fxstreet.com/analysis/us-dollar-weekly-forecast-king-no-more-202409271631

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