# Sterling and Yuan Resilience, While Rate Differentials Aid Dollar?  - Marc to Market  Marc Chandler on Global FX and Capital Markets

> The US dollar rose against nearly all major currencies in the week to October 16, with the yen the exception. The Australian dollar fell over 2% after signals the Reserve Bank of Australia would add support, and the Dollar Index bounced about 0.6% near 93.90.

- Date: 2020-10-18 · published 2020-10-18T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/50814-sterling-and-yuan-resilience-while-rate-differentials-aid-dollar-marc-to-market
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md), [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

A firmer dollar and wider rate differentials in its favor tend to pressure dollar-priced commodities and can shift export competitiveness for Australian and Brazilian grain and feed supplies.

## Read by commodity

- DXY: bullish ▲
- AUDUSD: bearish ▼
- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2021-11-28 | [The Dollar Moves Back to the Fulcrum between the Funding and Higher Beta Currencies - Marc to Market  Marc Chandler on Global FX and Capital Markets](https://feedsoft.ai/events/11258-the-dollar-moves-back-to-the-fulcrum-between-the-funding-and-higher-beta.md) | -0.2% | -0.9% |
| DXY | 2017-09-29 | [Dollar's Gains Pared, but Set to Snap Six Month Losing Streak Against the Euro - Marc to Market  Marc Chandler on Global FX and Capital Markets](https://feedsoft.ai/events/69152-dollar-s-gains-pared-but-set-to-snap-six-month-losing-streak-against-the-euro.md) | +0.3% | +1.7% |
| DXY | 2019-08-01 | [Mid-Course Correction Sends Greenback Higher - Marc to Market  Marc Chandler on Global FX and Capital Markets](https://feedsoft.ai/events/57512-mid-course-correction-sends-greenback-higher-marc-to-market-marc-chandler-on.md) | +1.1% | +2.1% |
| DXY | 2020-01-19 | [The Charts: China Allows CNY to Rise Against the Dollar as the Greenback Advances Against Almost Everyone Else - Marc to Market  Marc Chandler on Global FX and Capital Markets](https://feedsoft.ai/events/7877-the-charts-china-allows-cny-to-rise-against-the-dollar-as-the-greenback.md) | +0.6% | +1.3% |
| DXY | 2026-09-23 | [Canadian dollar falls on widening rate differentials](https://feedsoft.ai/events/17702-canadian-dollar-falls-on-widening-rate-differentials.md) | +1.2% | +1.5% |
| EURUSD | 2017-09-29 | [Dollar's Gains Pared, but Set to Snap Six Month Losing Streak Against the Euro - Marc to Market  Marc Chandler on Global FX and Capital Markets](https://feedsoft.ai/events/69152-dollar-s-gains-pared-but-set-to-snap-six-month-losing-streak-against-the-euro.md) | -0.6% | -1.7% |
| EURUSD | 2020-03-19 | [A global rush into the US dollar is driving extreme market moves and a temporary shortage](https://feedsoft.ai/events/6274-a-global-rush-into-the-us-dollar-is-driving-extreme-market-moves-and-a.md) | +0.0% | +0.7% |
| EURUSD | 2025-01-24 | [Bond Market Selloff and Trump Concerns \| Global Banking & Finance Review](https://feedsoft.ai/events/12679-bond-market-selloff-and-trump-concerns-global-banking-and-finance-review.md) | 0.0% | +0.3% |

## Sources

- marctomarket.com: https://www.marctomarket.com/2020/10/sterling-and-yuan-resilience-while-rate.html

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