# FX Daily: US dollar at cruising speed | ING THINK

> ING's FX commentary expects the Fed to avoid closing the door on further easing after the December meeting, citing last year's equity sell-off. It also notes Brazil likely completing its easing cycle with a 50 basis point cut and sees the dollar holding above 97.35 on the DXY.

- Date: 2019-12-11 · published 2019-12-11T12:00:00.000Z
- Category: macro · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/55508-fx-daily-us-dollar-at-cruising-speed-ing-think
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

Brazil's rate cuts and a stable dollar are relevant to the BRL and to Brazilian export competitiveness for soy and corn, though the impact on prices is modest.

## Read by commodity

- USDBRL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDBRL | 2021-03-12 | [FX Daily: Brazilian central bank’s line in the sand \| ING THINK](https://feedsoft.ai/events/48310-fx-daily-brazilian-central-bank-s-line-in-the-sand-ing-think.md) | -0.3% | +0.4% |
| USDBRL | 2021-12-15 | [FX Daily: "Unhealthy" Price Action \| Investing.com](https://feedsoft.ai/events/43826-fx-daily-unhealthy-price-action-investing-com.md) | +1.3% | -2.8% |
| USDBRL | 2024-03-22 | [Latam FX Talking: Policy rates are coming down quickly \| articles \| ING THINK](https://feedsoft.ai/events/31428-latam-fx-talking-policy-rates-are-coming-down-quickly-articles-ing-think.md) | +0.5% | +5.6% |
| USDBRL | 2020-01-17 | [LATAM FX Talking: The mighty MXN \| reports \| ING THINK](https://feedsoft.ai/events/55298-latam-fx-talking-the-mighty-mxn-reports-ing-think.md) | -0.1% | +2.9% |
| USDBRL | 2024-08-12 | [Latam FX Talking: Politics, fiscal & copper in play \| articles \| ING THINK](https://feedsoft.ai/events/11945-latam-fx-talking-politics-fiscal-and-copper-in-play-articles-ing-think.md) | -0.6% | +1.7% |

## Sources

- think.ing.com: https://think.ing.com/articles/fx-daily-us-dollar-at-cruising-speed/

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