# Dollar gains but Wall Street retreats as Fed nixes dovish measure

> The dollar and global equities rose on August 19 while the S&P 500 and Nasdaq hit record highs, but Wall Street pulled back after Fed minutes showed reluctance to adopt yield-curve control. The minutes also said the recovery remains highly uncertain and job gains likely slowed.

- Date: 2020-08-19 · published 2020-08-19T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/51531-dollar-gains-but-wall-street-retreats-as-fed-nixes-dovish-measure
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A firmer dollar and reduced expectations of Fed support are a mild headwind for dollar-priced commodities. The effect on feed prices is indirect.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2020-08-18 | [Dollar extends gain but shares retreat as Fed signals stimulus](https://feedsoft.ai/events/51791-dollar-extends-gain-but-shares-retreat-as-fed-signals-stimulus.md) | +0.1% | -1.0% |
| DXY | 2020-12-31 | [GLOBAL MARKETS Wall Street inches higher, dollar gains as tumultuous year nears finish line \| Reuters](https://feedsoft.ai/events/49842-global-markets-wall-street-inches-higher-dollar-gains-as-tumultuous-year-nears.md) | -0.0% | +1.0% |
| DXY | 2026-02-01 | [US dollar gains as Warsh named next Fed Chair](https://feedsoft.ai/events/21240-us-dollar-gains-as-warsh-named-next-fed-chair.md) | +0.3% | +0.7% |
| DXY | 2026-03-30 | [Dollar rebounds as shale 'isolates' US but Fed outlook clouds gains](https://feedsoft.ai/events/20353-dollar-rebounds-as-shale-isolates-us-but-fed-outlook-clouds-gains.md) | -0.2% | -1.8% |
| DXY | 2026-06-17 | [Gold retreats as Fed signals rate hike ahead, dollar strengthens \| Kitco News](https://feedsoft.ai/events/18712-gold-retreats-as-fed-signals-rate-hike-ahead-dollar-strengthens-kitco-news.md) | +1.8% | +0.9% |

## Sources

- sg.finance.yahoo.com: https://sg.finance.yahoo.com/news/global-markets-asian-stocks-7-024311303.html

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