# Dollar treads water after tame US inflation report, yen rally stalls

> The dollar ended little changed on Friday as Treasury yields fell after a tame US PCE inflation report for June. The PCE price index rose 0.1%, as expected, after being unchanged in May. Investors said the path to a September Fed easing remained clear.

- Date: 2024-07-26 · published 2024-07-26T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/29456-dollar-treads-water-after-tame-us-inflation-report-yen-rally-stalls
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Softer inflation supports expectations for Fed easing, which weighs on the dollar and can modestly support dollar-priced grains and oilseeds. The effect on feed markets is limited relative to crop and trade drivers.

## Read by commodity

- DXY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2023-01-10 | [Dollar treads water near 7-month lows ahead of U.S. inflation data](https://feedsoft.ai/events/37697-dollar-treads-water-near-7-month-lows-ahead-of-u-s-inflation-data.md) | -0.8% | +0.2% |
| DXY | 2026-01-01 | [Dollar falls versus yen after smaller-than-expected rise in US inflation, euro eases](https://feedsoft.ai/events/21690-dollar-falls-versus-yen-after-smaller-than-expected-rise-in-us-inflation-euro.md) | +0.3% | -1.5% |
| DXY | 2024-05-31 | [Dollar set for first monthly drop after US inflation readout \| Reuters](https://feedsoft.ai/events/30421-dollar-set-for-first-monthly-drop-after-us-inflation-readout-reuters.md) | +0.3% | +1.8% |
| DXY | 2024-05-31 | [Dollar Drops as Bond Yields Fall on Hopeful US Inflation Report](https://feedsoft.ai/events/30468-dollar-drops-as-bond-yields-fall-on-hopeful-us-inflation-report.md) | +0.3% | +1.8% |
| DXY | 2023-11-14 | [Dollar sinks after data shows US inflation cooling \| Reuters](https://feedsoft.ai/events/10100-dollar-sinks-after-data-shows-us-inflation-cooling-reuters.md) | -1.8% | -1.4% |

## Sources

- reuters.com: https://www.reuters.com/markets/currencies/yen-heads-strongest-week-3-months-carry-trades-unwind-2024-07-26/

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