# US Growth and Fed's Policy Outlook to Lift Yields Again, Lending Support to USD - ActionForex

> ActionForex expects US economic growth, rising Treasury yields and possible Fed tapering to lift the dollar again. It cites a jump in consumer confidence to its highest in 14 months and a 10-year breakeven rate at 2.39%, the highest since April 2013.

- Date: 2021-04-28 · published 2021-04-28T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/47824-us-growth-and-fed-s-policy-outlook-to-lift-yields-again-lending-support-to-usd
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

A firmer dollar would raise the cost of US commodity exports for foreign buyers, which could weigh on dollar-priced grain and oilseed prices.

## Read by commodity

- DXY: bullish ▲
- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2018-10-31 | [USDJPY remains supported amid growing BoJ and Fed policy divergence](https://feedsoft.ai/events/62770-usdjpy-remains-supported-amid-growing-boj-and-fed-policy-divergence.md) | -0.6% | -0.0% |
| DXY | 2021-03-03 | [Dollar gains with yields, U.S. growth seen likely to outperform](https://feedsoft.ai/events/10060-dollar-gains-with-yields-u-s-growth-seen-likely-to-outperform.md) | +1.2% | +1.5% |
| DXY | 2020-09-17 | [Dollar edges higher as Fed outlook lifts U.S. yields \| Financial Post](https://feedsoft.ai/events/7697-dollar-edges-higher-as-fed-outlook-lifts-u-s-yields-financial-post.md) | +1.6% | +0.6% |
| DXY | 2017-10-27 | [ECB Hammers The Euro, USD To Shine Again - ActionForex](https://feedsoft.ai/events/68674-ecb-hammers-the-euro-usd-to-shine-again-actionforex.md) | -0.1% | -1.4% |
| DXY | 2023-04-04 | [Lisa D Cook: The US economic outlook and monetary policy](https://feedsoft.ai/events/36300-lisa-d-cook-the-us-economic-outlook-and-monetary-policy.md) | +0.4% | +0.1% |
| EURUSD | 2020-09-17 | [Dollar edges higher as Fed outlook lifts U.S. yields \| Financial Post](https://feedsoft.ai/events/7697-dollar-edges-higher-as-fed-outlook-lifts-u-s-yields-financial-post.md) | -1.3% | -1.1% |
| EURUSD | 2017-10-27 | [ECB Hammers The Euro, USD To Shine Again - ActionForex](https://feedsoft.ai/events/68674-ecb-hammers-the-euro-usd-to-shine-again-actionforex.md) | -0.2% | +1.8% |
| EURUSD | 2018-03-01 | [US/German bond yield gap widest in 20 years on diverging policy outlooks](https://feedsoft.ai/events/66193-us-german-bond-yield-gap-widest-in-20-years-on-diverging-policy-outlooks.md) | +1.5% | +1.1% |

## Sources

- actionforex.com: https://www.actionforex.com/action-insight/special-topics/375306-us-growth-and-feds-policy-outlook-to-lift-yields-again-lending-support-to-usd/

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