# U.S. dollar's woes are only beginning, some bears say

> Most bearish investors expect the US dollar to depreciate on stronger growth outside the US, very low US interest rates, and concern that pandemic relief programs are inflating fiscal deficits. Analysts at TD Securities say the Fed's revamped inflation approach will keep the dollar under pressure and estimate it is about 10% overvalued against major currencies.

- Date: 2020-08-31 · published 2020-08-31T12:00:00.000Z
- Category: macro · region Global · magnitude medium
- Page: https://feedsoft.ai/events/51788-u-s-dollar-s-woes-are-only-beginning-some-bears-say
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A weaker dollar tends to support dollar-priced commodities and lifts US export competitiveness, while a weaker dollar also tends to lift foreign-currency buying power for importers of feed ingredients.

## Read by commodity

- DXY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2019-08-07 | [U.S. dollar - When will bulls turn to bears?](https://feedsoft.ai/events/57763-u-s-dollar-when-will-bulls-turn-to-bears.md) | +0.0% | +0.8% |
| DXY | 2018-06-26 | [For the US dollar, the only way is not up \| articles \| ING THINK](https://feedsoft.ai/events/64713-for-the-us-dollar-the-only-way-is-not-up-articles-ing-think.md) | +0.8% | -0.1% |
| DXY | 2019-06-17 | [FX Talking: The beginning of the end of the dollar’s rally \| reports \| ING THINK](https://feedsoft.ai/events/9810-fx-talking-the-beginning-of-the-end-of-the-dollar-s-rally-reports-ing-think.md) | -0.9% | -1.1% |
| DXY | 2021-11-03 | [Dollar dips after Fed confirms beginning of taper](https://feedsoft.ai/events/44248-dollar-dips-after-fed-confirms-beginning-of-taper.md) | -0.5% | +1.5% |
| DXY | 2021-02-25 | [Weak U.S. Dollar Benefits Some Ag Commodities \| Feed & Grain](https://feedsoft.ai/events/48780-weak-u-s-dollar-benefits-some-ag-commodities-feed-and-grain.md) | +0.9% | +1.7% |

## Sources

- reuters.com: https://www.reuters.com/article/usa-markets-dollar-analysis-idUSKBN25S3KN/

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