# Explained: Why is dollar index rising and how will it impact India's stock market - CNBC TV18

> The US dollar index is trading near multi-month highs as safe-haven demand grows amid concerns over a second wave of coronavirus infections and weak US and European economic outlooks. Analysts expect further dollar gains if US fiscal stimulus stalls.

- Date: 2020-09-25 · published 2020-09-25T12:00:00.000Z
- Category: macro · region Global · magnitude medium
- Page: https://feedsoft.ai/events/51382-explained-why-is-dollar-index-rising-and-how-will-it-impact-india-s-stock
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A stronger dollar lowers the dollar price of dollar-denominated grains and oilseeds while raising import costs for emerging-market feed buyers.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2022-09-26 | [Explainer: What dollar index really is and when to track it - CNBC TV18](https://feedsoft.ai/events/39856-explainer-what-dollar-index-really-is-and-when-to-track-it-cnbc-tv18.md) | +0.2% | +0.6% |
| DXY | 2022-10-24 | [The US Dollar is much stronger - how will it impact the Australian economy? \| Investing.com AU](https://feedsoft.ai/events/39396-the-us-dollar-is-much-stronger-how-will-it-impact-the-australian-economy.md) | -0.4% | -2.3% |
| DXY | 2018-08-23 | [Here’s how Jackson Hole could impact the dollar, bonds and emerging markets - MarketWatch](https://feedsoft.ai/events/63695-here-s-how-jackson-hole-could-impact-the-dollar-bonds-and-emerging-markets.md) | -0.0% | -0.1% |
| DXY | 2022-08-29 | [Why is the U.S. dollar so strong right now? - Marketplace](https://feedsoft.ai/events/40218-why-is-the-u-s-dollar-so-strong-right-now-marketplace.md) | +0.6% | +4.4% |
| DXY | 2022-08-31 | [How is a strong U.S. dollar affecting imports and exports?](https://feedsoft.ai/events/40256-how-is-a-strong-u-s-dollar-affecting-imports-and-exports.md) | +0.9% | +3.6% |

## Sources

- cnbctv18.com: https://www.cnbctv18.com/market/currency/explained-why-is-dollar-index-rising-and-how-will-it-impact-indias-stock-market-7016811.htm

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