# USD: An important week for the dollar bear trend - ING: Analytics and Market news from 4 December 2020 12:07

> ING said the US dollar bear trend strengthened and broadened in the week to December 4, with European currencies rising and USD/KRW falling sharply below 1100. ING attributed the decline to falling US real rates and expectations of a US fiscal package, and forecast DXY reaching 90 that month.

- Date: 2020-12-04 · published 2020-12-04T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/49847-usd-an-important-week-for-the-dollar-bear-trend-ing-analytics-and-market-news
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A broad dollar decline supports dollar-priced feed commodities and eases import costs for emerging-market feed buyers, though the effect on individual grain prices is gradual.

## Read by commodity

- DXY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2020-08-31 | [USD: Bear trend under way - ING: Analytics and Market news from 31 August 2020 11:38](https://feedsoft.ai/events/51793-usd-bear-trend-under-way-ing-analytics-and-market-news-from-31-august-2020-11-38.md) | +0.1% | +1.4% |
| DXY | 2020-05-13 | [USD: How would negative rates impact the USD? - Credit Agricole: Analytics and Market news from 13 травня 2020 07:00](https://feedsoft.ai/events/53334-usd-how-would-negative-rates-impact-the-usd-credit-agricole-analytics-and.md) | -0.4% | -3.7% |
| DXY | 2021-11-30 | [USD/CAD retreats from two-month high amid weaker USD, Canadian GDP in focus: Analytics and Market news from 30 November 2021 12:04](https://feedsoft.ai/events/44265-usd-cad-retreats-from-two-month-high-amid-weaker-usd-canadian-gdp-in-focus.md) | -0.4% | -1.0% |
| DXY | 2023-10-10 | [USD/PEN declines amid dovish Fed, eyes on inflation data from the US: Analytics and Market news from 10 October 2023 21:42](https://feedsoft.ai/events/33902-usd-pen-declines-amid-dovish-fed-eyes-on-inflation-data-from-the-us-analytics.md) | -0.0% | -1.4% |
| DXY | 2022-10-04 | [EUR/USD keeps rising amid a weaker USD, approaches parity: Analytics and Market news from 4 October 2022 16:02](https://feedsoft.ai/events/9330-eur-usd-keeps-rising-amid-a-weaker-usd-approaches-parity-analytics-and-market.md) | +0.5% | +0.2% |

## Sources

- teletrade.org: https://www.teletrade.org/analytics/market-analysis/market-news/3651243

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