# Dollar's near-term outlook bright, but to fade in a year

> A Reuters forecast says the dollar's near-term outlook is firm but will fade within a year. The view rests on uncertainty over when the Fed will begin scaling back its stimulus.

- Date: 2021-07-02 · published 2021-07-02T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/46249-dollar-s-near-term-outlook-bright-but-to-fade-in-a-year
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A medium-term dollar decline would support dollar-priced grains and oilseeds, but the story is an outlook piece with little immediate price impact.

## Read by commodity

- DXY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2021-11-10 | [Dollar near one-month low to yen as inflation test looms](https://feedsoft.ai/events/44279-dollar-near-one-month-low-to-yen-as-inflation-test-looms.md) | +1.1% | +1.8% |
| DXY | 2024-11-12 | [Vietnam dong unlikely to depreciate strongly vs. US dollar in near term: broker](https://feedsoft.ai/events/27697-vietnam-dong-unlikely-to-depreciate-strongly-vs-us-dollar-in-near-term-broker.md) | +0.8% | +1.1% |
| DXY | 2022-07-26 | [Is the dollar about to take a turn?](https://feedsoft.ai/events/40682-is-the-dollar-about-to-take-a-turn.md) | -0.9% | +0.9% |
| DXY | 2024-02-16 | [Dollar steady after producer prices push back on Fed rate cut outlook](https://feedsoft.ai/events/31574-dollar-steady-after-producer-prices-push-back-on-fed-rate-cut-outlook.md) | -0.1% | -0.7% |
| DXY | 2025-02-26 | [US dollar rises as economic, tariff outlook gauged](https://feedsoft.ai/events/26223-us-dollar-rises-as-economic-tariff-outlook-gauged.md) | +0.5% | -1.0% |

## Sources

- reuters.com: https://www.reuters.com/business/dollars-near-term-outlook-bright-fade-year-2021-07-02/

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