# Possible Fed move to cap yield rise could further weaken U.S. dollar | Financial Post

> Analysts said the US dollar would likely face further pressure if the Federal Reserve adopts yield curve control, targeting Treasury yields to keep them low. The dollar had already fallen about 4.2% against major currencies since late May, and Fed Chair Powell said the central bank would consider such measures as the economy's direction becomes clearer.

- Date: 2020-06-10 · published 2020-06-10T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/52807-possible-fed-move-to-cap-yield-rise-could-further-weaken-u-s-dollar-financial
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A weaker dollar from possible yield curve control would tend to support dollar-denominated grain and oilseed prices and improve export competitiveness, though the policy remains only under consideration.

## Read by commodity

- DXY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2023-02-02 | [Copper prices rise as Fed messaging weakens the dollar \| Financial Post](https://feedsoft.ai/events/37237-copper-prices-rise-as-fed-messaging-weakens-the-dollar-financial-post.md) | +1.3% | +2.1% |
| DXY | 2020-02-25 | [U.S. dollar falls as expectations of a Fed rate cut rise \| Financial Post](https://feedsoft.ai/events/54775-u-s-dollar-falls-as-expectations-of-a-fed-rate-cut-rise-financial-post.md) | -0.5% | +7.4% |
| DXY | 2023-08-30 | [Rupee set to rise as US dollar, yields retreat after weak job openings - Market News \| The Financial Express](https://feedsoft.ai/events/34865-rupee-set-to-rise-as-us-dollar-yields-retreat-after-weak-job-openings-market.md) | +1.3% | +2.3% |
| DXY | 2018-03-20 | [Even with a Fed rate hike, dollar can weaken further: Credit Suisse](https://feedsoft.ai/events/66188-even-with-a-fed-rate-hike-dollar-can-weaken-further-credit-suisse.md) | -0.9% | -1.2% |
| DXY | 2026-07-29 | [ING Says Dollar to Take Cue from Oil Prices If Fed Holds Rate \| Financial Post](https://feedsoft.ai/events/18262-ing-says-dollar-to-take-cue-from-oil-prices-if-fed-holds-rate-financial-post.md) | -0.9% | -2.0% |

## Sources

- financialpost.com: https://financialpost.com/pmn/business-pmn/possible-fed-move-to-cap-yield-rise-could-further-weaken-u-s-dollar-3

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