# USD: Bear trend under way - ING: Analytics and Market news from 31 August 2020 11:38

> ING strategist Petr Krpata expects the dollar's softness to continue this week as markets price negative US real rates for longer. He flags Friday's US payrolls report, where a below-consensus print could further weaken the dollar, and expects the DXY to keep grinding lower.

- Date: 2020-08-31 · published 2020-08-31T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/51793-usd-bear-trend-under-way-ing-analytics-and-market-news-from-31-august-2020-11-38
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Expected dollar weakness through the payrolls report supports dollar-denominated commodity prices in the near term.

## Read by commodity

- DXY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2020-12-04 | [USD: An important week for the dollar bear trend - ING: Analytics and Market news from 4 December 2020 12:07](https://feedsoft.ai/events/49847-usd-an-important-week-for-the-dollar-bear-trend-ing-analytics-and-market-news.md) | -0.0% | -1.0% |
| DXY | 2024-08-02 | [EUR/USD bounces after NFP misfire pummels Greenback: Analytics and Market news from 2 August 2024 22:27](https://feedsoft.ai/events/9286-eur-usd-bounces-after-nfp-misfire-pummels-greenback-analytics-and-market-news.md) | -0.3% | -1.3% |
| DXY | 2024-05-16 | [USD/THB continues losing ground on soft USD data: Analytics and Market news from 16 May 2024 19:56](https://feedsoft.ai/events/30570-usd-thb-continues-losing-ground-on-soft-usd-data-analytics-and-market-news-from.md) | +0.2% | +2.2% |
| 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 | 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% |

## Sources

- teletrade.org: https://www.teletrade.org/analytics/market-analysis/market-news/3639886

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