# Analysts predict further weakness for U.S. dollar next year

> The DXY dollar index traded near 90.68 on December 4, down about 6% year to date and near its lowest since April 2018. Analysts expected further dollar weakness in 2021, driven by vaccine progress, expected US fiscal aid and the Fed's accommodative stance.

- Date: 2020-12-04 · published 2020-12-04T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/49843-analysts-predict-further-weakness-for-u-s-dollar-next-year
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A weaker dollar typically lifts dollar-denominated grain and oilseed prices and supports export demand, a constructive backdrop for feed costs.

## Read by commodity

- DXY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2025-08-14 | [Bangkok Post - Analysts expect baht to test 32 as US dollar weakens further](https://feedsoft.ai/events/23577-bangkok-post-analysts-expect-baht-to-test-32-as-us-dollar-weakens-further.md) | +0.5% | -0.1% |
| DXY | 2020-08-28 | [USD: Fed has set up the dollar for further weakness - MUFG - Forex Crunch](https://feedsoft.ai/events/51792-usd-fed-has-set-up-the-dollar-for-further-weakness-mufg-forex-crunch.md) | -0.5% | +1.0% |
| DXY | 2025-11-19 | [Weaker US dollar next year to spark commodity push, predicts Franklin Templeton \| FOW](https://feedsoft.ai/events/21881-weaker-us-dollar-next-year-to-spark-commodity-push-predicts-franklin-templeton.md) | +0.3% | -0.9% |
| DXY | 2025-05-19 | [Dollar set for more weakness as 'Brand USA' falls further out of favor \| Reuters](https://feedsoft.ai/events/24861-dollar-set-for-more-weakness-as-brand-usa-falls-further-out-of-favor-reuters.md) | -1.4% | -2.4% |
| DXY | 2020-12-31 | [More weakness seen as dollar posts worst year since 2017](https://feedsoft.ai/events/49567-more-weakness-seen-as-dollar-posts-worst-year-since-2017.md) | -0.0% | +1.0% |

## Sources

- cnbc.com: https://www.cnbc.com/2020/12/04/analysts-predict-further-weakness-for-us-dollar-next-year.html

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