# The Dollar Still Has Plenty of Swagger

> The article notes that the relative vigor of the US economy and the Fed's tight monetary policy have pushed the dollar higher against most currencies since July. It cites the US Dollar Index tracking the greenback against six major currencies.

- Date: 2023-09-22 · published 2023-09-22T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/34311-the-dollar-still-has-plenty-of-swagger
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A persistently strong dollar makes US feed commodities more expensive for overseas buyers, a bearish influence on export demand and prices.

## Read by commodity

- DXY: bullish ▲
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2024-11-06 | [Politics can still shock the dollar](https://feedsoft.ai/events/9519-politics-can-still-shock-the-dollar.md) | +1.9% | +1.5% |
| DXY | 2022-05-11 | [‘Rupee fell on spillover effects of strong dollar’ - The Hindu](https://feedsoft.ai/events/41688-rupee-fell-on-spillover-effects-of-strong-dollar-the-hindu.md) | -0.7% | -2.0% |
| DXY | 2018-04-27 | [And The U.S. Dollar?](https://feedsoft.ai/events/65691-and-the-u-s-dollar.md) | +0.7% | +1.9% |
| DXY | 2018-08-24 | [The Fed's 'Super Dollar': How Much Longer?](https://feedsoft.ai/events/63694-the-fed-s-super-dollar-how-much-longer.md) | -0.0% | -0.5% |
| DXY | 2024-11-14 | [Why the Dollar Keeps Getting Stronger](https://feedsoft.ai/events/11852-why-the-dollar-keeps-getting-stronger.md) | -0.1% | -0.0% |
| CORN | 2021-02-27 | [Commodity returns plunge the most in months amid stronger dollar](https://feedsoft.ai/events/48541-commodity-returns-plunge-the-most-in-months-amid-stronger-dollar.md) | +0.6% | +5.4% |
| CORN | 2023-09-28 | [FX Daily: Perfect storm drives dollar stronger still \| articles \| ING THINK](https://feedsoft.ai/events/34306-fx-daily-perfect-storm-drives-dollar-stronger-still-articles-ing-think.md) | +1.1% | +1.7% |
| CORN | 2019-04-22 | [The dollar is too strong for U.S. companies](https://feedsoft.ai/events/59765-the-dollar-is-too-strong-for-u-s-companies.md) | -1.1% | +2.5% |

## Sources

- nytimes.com: https://www.nytimes.com/2023/09/22/business/us-dollar-inflation-economy.html

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