# Why has the dollar been so strong – and can it continue?

> The US dollar has strengthened sharply in 2022 as the Federal Reserve moved faster on rate hikes than markets expected. Sterling and the euro have weakened meaningfully, while the yen and Swiss franc have also lost ground. The dollar peaked in March 2020 before this rally.

- Date: 2022-07-01 · published 2022-07-01T12:00:00.000Z
- Category: macro · region Global · magnitude medium
- Page: https://feedsoft.ai/events/40856-why-has-the-dollar-been-so-strong-and-can-it-continue
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md), [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

A strong dollar makes US feed exports pricier for foreign buyers and weakens demand for dollar-priced grains and meals, while supporting import costs in weaker-currency markets.

## Read by commodity

- DXY: bullish ▲
- EURUSD: bearish ▼
- GBPUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2022-09-28 | [Why is the US dollar so strong, and what does it mean?](https://feedsoft.ai/events/10320-why-is-the-us-dollar-so-strong-and-what-does-it-mean.md) | -1.8% | -1.5% |
| DXY | 2023-06-01 | [Why is the US dollar so strong again?](https://feedsoft.ai/events/35846-why-is-the-us-dollar-so-strong-again.md) | -0.9% | -1.2% |
| 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% |
| DXY | 2022-08-29 | [Why is the U.S. dollar so strong right now? - Marketplace](https://feedsoft.ai/events/40218-why-is-the-u-s-dollar-so-strong-right-now-marketplace.md) | +0.6% | +4.4% |
| DXY | 2018-02-13 | [The pain trade: Why the Canadian dollar is aching - The Globe and Mail](https://feedsoft.ai/events/66726-the-pain-trade-why-the-canadian-dollar-is-aching-the-globe-and-mail.md) | -0.4% | -0.2% |
| EURUSD | 2019-06-18 | [Europe just gave the dollar a boost. Here’s why Trump hates it](https://feedsoft.ai/events/58809-europe-just-gave-the-dollar-a-boost-here-s-why-trump-hates-it.md) | +1.4% | -0.2% |
| EURUSD | 2024-11-13 | [Why is the euro falling and could it hit $1?](https://feedsoft.ai/events/7554-why-is-the-euro-falling-and-could-it-hit-1.md) | -0.2% | -0.8% |
| EURUSD | 2024-04-18 | [How the strong U.S. dollar is rippling through the world economy](https://feedsoft.ai/events/12559-how-the-strong-u-s-dollar-is-rippling-through-the-world-economy.md) | +0.4% | +2.0% |

## Sources

- schroders.com: https://www.schroders.com/en-us/us/wealth-management/insights/why-has-the-dollar-been-so-strong-and-can-it-continue/

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