# Why dollar strength looks set to go on | Oxford Economics

> Oxford Economics research expects dollar strength to persist through 2024 and 2025, possibly waning in 2026. The analysis cites robust US growth, favourable interest rate differentials and improvements in the US balance of payments.

- Date: 2024-05-30 · published 2024-05-30T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/30423-why-dollar-strength-looks-set-to-go-on-oxford-economics
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Sustained dollar strength would weigh on US commodity export prices and raise import costs for feed ingredients priced in other currencies.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2021-06-18 | [Fed surprise points to further dollar strength \| Capital Economics](https://feedsoft.ai/events/5931-fed-surprise-points-to-further-dollar-strength-capital-economics.md) | -0.2% | +0.4% |
| DXY | 2024-01-30 | [Loonie Dips Amid US Dollar Strength; Eyes Fed Rate Decision, Economic Data](https://feedsoft.ai/events/32337-loonie-dips-amid-us-dollar-strength-eyes-fed-rate-decision-economic-data.md) | +0.4% | +0.1% |
| DXY | 2020-09-17 | [Yuan falls on dollar strength after Fed's upbeat economic outlook \| Financial Post](https://feedsoft.ai/events/51315-yuan-falls-on-dollar-strength-after-fed-s-upbeat-economic-outlook-financial-post.md) | +1.6% | +0.6% |
| DXY | 2023-02-02 | [Oil slumps on economic data, stronger U.S. dollar](https://feedsoft.ai/events/37234-oil-slumps-on-economic-data-stronger-u-s-dollar.md) | +1.3% | +2.1% |
| DXY | 2016-11-14 | [EUR USD breaks down to new 2016 low as dollar extends strength](https://feedsoft.ai/events/9135-eur-usd-breaks-down-to-new-2016-low-as-dollar-extends-strength.md) | +1.4% | +0.8% |

## Sources

- oedevelopment.oxfordeconomics.com: https://www.oedevelopment.oxfordeconomics.com/resource/why-dollar-strength-looks-set-to-go-on/

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