# Does the US dollar have further to fall?

> An analysis from Schroders on March 23 asks whether the U.S. dollar has further to fall after its recent stability. It cites a widening current account deficit, a March 2021 trade deficit of $85 billion in January, and the need for foreign investors to keep buying U.S. bonds.

- Date: 2021-03-23 · published 2021-03-23T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/48319-does-the-us-dollar-have-further-to-fall
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A weaker dollar would support dollar-priced commodity prices, while continued stability would keep import costs for buyers elevated.

## Read by commodity

- DXY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2017-06-13 | [The US Dollar Tipped to Jump 2% Higher](https://feedsoft.ai/events/10202-the-us-dollar-tipped-to-jump-2-higher.md) | -0.2% | -0.7% |
| DXY | 2019-09-19 | [Has the Fed plugged the US dollar leak? - MacroBusiness](https://feedsoft.ai/events/57275-has-the-fed-plugged-the-us-dollar-leak-macrobusiness.md) | +0.6% | -0.6% |
| DXY | 2024-02-14 | [US dollar drifts lower, consolidates gains; seen rising further](https://feedsoft.ai/events/31869-us-dollar-drifts-lower-consolidates-gains-seen-rising-further.md) | -0.4% | -1.3% |
| 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 | 2017-09-12 | [Does the Weaker Dollar Push Up Commodities Prices?    - WSJ](https://feedsoft.ai/events/68879-does-the-weaker-dollar-push-up-commodities-prices-wsj.md) | +0.5% | +2.0% |

## Sources

- schroders.com: https://www.schroders.com/en-us/us/local/insights/does-the-us-dollar-have-further-to-fall/

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