# Dollar depreciation unlikely to last | Capital Economics

> Commodity prices rallied across the board this week as risk appetite improved and the US dollar eased after Powell's cautious Jackson Hole remarks. Analysts expect persistent inflation to push US yields and the dollar higher in coming months, which would weigh on commodities.

- Date: 2021-08-27 · published 2021-08-27T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/45478-dollar-depreciation-unlikely-to-last-capital-economics
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

The analysis expects a stronger dollar later, which would pressure dollar-priced feed commodities, though the near-term move is supportive.

## Read by commodity

- DXY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2023-12-13 | [US dollar strength likely to wane a bit further in 2024 \| Capital Economics](https://feedsoft.ai/events/8717-us-dollar-strength-likely-to-wane-a-bit-further-in-2024-capital-economics.md) | -1.0% | -0.7% |
| DXY | 2018-02-21 | [US: Weaker dollar is here to stay – Capital Economics — Octa](https://feedsoft.ai/events/66699-us-weaker-dollar-is-here-to-stay-capital-economics-octa.md) | +0.5% | +0.3% |
| DXY | 2019-02-01 | [New year bounce to lose momentum \| Capital Economics](https://feedsoft.ai/events/60503-new-year-bounce-to-lose-momentum-capital-economics.md) | +0.8% | +1.0% |
| DXY | 2021-07-30 | [US Dollar To Yen Likely To Be Capped Near 110 Say MUFG](https://feedsoft.ai/events/46300-us-dollar-to-yen-likely-to-be-capped-near-110-say-mufg.md) | +0.3% | +1.2% |
| DXY | 2017-05-03 | [TalkingEconomics: Has the dollar turned?](https://feedsoft.ai/events/71191-talkingeconomics-has-the-dollar-turned.md) | +0.6% | -1.2% |

## Sources

- capitaleconomics.com: https://www.capitaleconomics.com/clients/publications/commodities-overview/commodities-weekly-wrap/dollar-depreciation-unlikely-to-last

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