# Dollar rises as Trump victory raises inflation expectations

> The dollar climbed to a 3-1/2-month high against the yen and rose broadly against major currencies after Trump's election. Rising US Treasury yields reflected expectations of fiscal stimulus and higher inflation, and the Chinese yuan weakened past 6.80 per dollar offshore.

- Date: 2016-11-10 · published 2016-11-10T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/5470-dollar-rises-as-trump-victory-raises-inflation-expectations
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md), [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

A stronger dollar and higher US rates raise the cost of dollar-denominated feed imports for many countries and can soften dollar-priced commodity demand. A weaker yuan may also dampen Chinese import appetite at the margin.

## Read by commodity

- DXY: bullish ▲
- USDCNY: bullish ▲
- USDJPY: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| USDCNY | 2016-11-14 | 5 | +1.4% | 3.4 | Post-election rise in US Treasury yields and inflation expectations lifted the dollar broadly and weakened the yuan past 6.80 offshore, a currency and sentiment driver. |
| DXY | 2016-11-16 | 5 | +3.1% | 3.9 | The dollar rose broadly to a 3.5-month high against the yen as yields rose on stimulus and inflation expectations. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2016-11-14 | [Market outlook: Trump presidency, inflation expectations rising](https://feedsoft.ai/events/12238-market-outlook-trump-presidency-inflation-expectations-rising.md) | +1.4% | +0.8% |
| DXY | 2016-11-11 | [Expected inflation pop from Trump win pushes dollar to best week in a year \| Reuters](https://feedsoft.ai/events/8175-expected-inflation-pop-from-trump-win-pushes-dollar-to-best-week-in-a-year.md) | +1.4% | +0.8% |
| DXY | 2026-06-01 | [Investors expect US dollar to break higher as Fed battles inflation](https://feedsoft.ai/events/19465-investors-expect-us-dollar-to-break-higher-as-fed-battles-inflation.md) | +1.0% | +1.7% |
| DXY | 2022-10-31 | [Dollar gains on Fed rate hike expectations](https://feedsoft.ai/events/39325-dollar-gains-on-fed-rate-hike-expectations.md) | -0.1% | -2.8% |
| DXY | 2024-11-15 | [Dollar notches weekly gain as traders reassess rate cut expectations](https://feedsoft.ai/events/12704-dollar-notches-weekly-gain-as-traders-reassess-rate-cut-expectations.md) | +0.1% | +0.2% |
| USDCNY | 2024-11-06 | [Dollar soars, euro tumbles as Trump wins US presidential election](https://feedsoft.ai/events/5806-dollar-soars-euro-tumbles-as-trump-wins-us-presidential-election.md) | +1.7% | +2.1% |
| USDCNY | 2017-08-15 | [Analysis: Yuan's strength against the dollar fails to snuff out depreciation expectations](https://feedsoft.ai/events/69678-analysis-yuan-s-strength-against-the-dollar-fails-to-snuff-out-depreciation.md) | -0.1% | -2.0% |
| USDCNY | 2022-06-13 | [China’s yuan slips to 2-week low as dollar jumps on inflation data - Markets - Business Recorder](https://feedsoft.ai/events/41171-china-s-yuan-slips-to-2-week-low-as-dollar-jumps-on-inflation-data-markets.md) | +0.1% | +0.2% |

## Sources

- cnbc.com: https://www.cnbc.com/2016/11/09/dollar-extends-gains-on-dramatic-trump-turnaround-rally.html

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