# FX: In the dollar we do not trust | articles | ING THINK

> ING analysts argue the dollar's strength since March reflects temporary USD funding stress and emerging-market outflows. They expect the dollar to fall back once dollar funding markets normalize, with commodity and EM currencies having already priced in much of the decline.

- Date: 2020-04-02 · published 2020-04-02T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/53574-fx-in-the-dollar-we-do-not-trust-articles-ing-think
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A reversal in dollar strength would tend to support dollar-priced commodities and improve import affordability in emerging markets. This is a forecast rather than a confirmed event.

## Read by commodity

- DXY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2021-03-04 | [FX: Dollar bounce underwhelms \| articles \| ING THINK](https://feedsoft.ai/events/10066-fx-dollar-bounce-underwhelms-articles-ing-think.md) | +0.7% | +0.9% |
| DXY | 2021-04-28 | [FX Daily: The patient Fed and the “nervous” dollar \| articles \| ING THINK](https://feedsoft.ai/events/47788-fx-daily-the-patient-fed-and-the-nervous-dollar-articles-ing-think.md) | +0.3% | -1.0% |
| DXY | 2017-04-19 | [Deconstructing Trump’s Dollar Talk \| articles \| ING THINK](https://feedsoft.ai/events/71683-deconstructing-trump-s-dollar-talk-articles-ing-think.md) | +0.2% | -0.2% |
| DXY | 2024-01-24 | [FX Daily: Unwinding the spurious dollar rally \| articles \| ING THINK](https://feedsoft.ai/events/32330-fx-daily-unwinding-the-spurious-dollar-rally-articles-ing-think.md) | -0.4% | -0.1% |

## Sources

- think.ing.com: https://think.ing.com/articles/fx-markets-in-the-dollar-we-do-not-trust/

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