# Dollar rebounds as yields rise, consumer confidence improves

> The dollar rebounded as Treasury yields rose and US consumer confidence improved. Households expected higher interest rates over the next year, and inflation worries persisted.

- Date: 2024-05-28 · published 2024-05-28T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/30422-dollar-rebounds-as-yields-rise-consumer-confidence-improves
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A stronger dollar makes US grain and feed exports less competitive abroad and tends to pressure dollar-denominated commodity prices.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2023-10-12 | [Dollar, yields rise, stocks fall after US consumer price data By Reuters](https://feedsoft.ai/events/33818-dollar-yields-rise-stocks-fall-after-us-consumer-price-data-by-reuters.md) | +0.9% | -0.6% |
| DXY | 2022-11-17 | [Commodities slump as dollar rebounds](https://feedsoft.ai/events/38596-commodities-slump-as-dollar-rebounds.md) | +0.4% | -0.6% |
| DXY | 2018-06-28 | [Dollar gains vs yen as risk appetite improves](https://feedsoft.ai/events/64806-dollar-gains-vs-yen-as-risk-appetite-improves.md) | -0.8% | -0.9% |
| DXY | 2024-11-13 | [Gold extends fall as dollar, Treasury yields rise](https://feedsoft.ai/events/27333-gold-extends-fall-as-dollar-treasury-yields-rise.md) | -0.3% | +0.1% |
| DXY | 2025-02-12 | [Dollar gains on yen as consumer prices rise more than expected](https://feedsoft.ai/events/26225-dollar-gains-on-yen-as-consumer-prices-rise-more-than-expected.md) | -0.5% | -2.0% |

## Sources

- reuters.com: https://www.reuters.com/markets/currencies/dollar-ebbs-markets-await-key-global-inflation-reports-2024-05-28/

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