# FX Daily: Dollar getting a lift from the short end | articles | ING THINK

> Short-dated US dollar interest rates have risen as markets begin to take the Fed's rate projections more seriously. The dollar is gaining against low-yielding currencies, with USD/JPY approaching its yearly high near 111.65.

- Date: 2021-09-28 · published 2021-09-28T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/45257-fx-daily-dollar-getting-a-lift-from-the-short-end-articles-ing-think
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Rising US short-term rates support the dollar, which can weigh on dollar-priced commodities and reduce foreign demand for US exports.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2024-02-05 | [FX Daily: Flip Flop \| articles \| ING THINK](https://feedsoft.ai/events/31892-fx-daily-flip-flop-articles-ing-think.md) | +0.1% | -0.0% |
| DXY | 2024-04-17 | [FX Daily: The big unwinding \| articles \| ING THINK](https://feedsoft.ai/events/30940-fx-daily-the-big-unwinding-articles-ing-think.md) | -0.3% | -1.0% |
| DXY | 2021-06-17 | [FX Daily: The Fed disrupting the calm \| articles \| ING THINK](https://feedsoft.ai/events/6129-fx-daily-the-fed-disrupting-the-calm-articles-ing-think.md) | +1.1% | +1.7% |
| DXY | 2023-10-27 | [FX Daily: Stark growth gap makes the dollar even harder to sell \| articles \| ING THINK](https://feedsoft.ai/events/33842-fx-daily-stark-growth-gap-makes-the-dollar-even-harder-to-sell-articles-ing.md) | -0.9% | -3.1% |
| DXY | 2024-04-12 | [FX Daily: From Fed dependence to Fed divergence \| articles \| ING THINK](https://feedsoft.ai/events/9972-fx-daily-from-fed-dependence-to-fed-divergence-articles-ing-think.md) | +1.1% | +0.5% |

## Sources

- think.ing.com: https://think.ing.com/articles/fx-daily-dollar-getting-a-lift-from-the-short-end/

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