# BIS sees further challenges to keeping dollar funding flowing | Financial Post

> The Bank for International Settlements says Federal Reserve actions have made dollar funding cheaper through derivatives markets, but further steps are needed to keep these markets open. Three-month euro-dollar FX swap rates widened to below minus 120 basis points in March before recovering to about 45 basis points.

- Date: 2020-04-01 · published 2020-04-01T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/53822-bis-sees-further-challenges-to-keeping-dollar-funding-flowing-financial-post
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Dollar funding access is critical for trade finance and working capital along global supply chains, including grain and feed shipments. Improved liquidity supports trade flows, but continued stress could disrupt import financing.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2020-06-10 | [Possible Fed move to cap yield rise could further weaken U.S. dollar \| Financial Post](https://feedsoft.ai/events/52807-possible-fed-move-to-cap-yield-rise-could-further-weaken-u-s-dollar-financial.md) | +0.8% | +0.8% |
| 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% |
| DXY | 2020-10-09 | [Dollar drifts downward as investors cling to stimulus hopes \| Financial Post](https://feedsoft.ai/events/50560-dollar-drifts-downward-as-investors-cling-to-stimulus-hopes-financial-post.md) | -0.3% | -1.9% |
| DXY | 2022-04-21 | [China's yuan slides to 6-month low as tightening prospects help dollar \| Financial Post](https://feedsoft.ai/events/7337-china-s-yuan-slides-to-6-month-low-as-tightening-prospects-help-dollar.md) | +2.3% | +2.8% |
| 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% |

## Sources

- financialpost.com: https://financialpost.com/pmn/business-pmn/bis-sees-further-challenges-to-keeping-dollar-funding-flowing

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