# US Dollar Index extends gains to the 97.90 region, focus on Fed, trade — Octa

> The US Dollar Index rose toward 98.00 on Tuesday as renewed US-China trade concerns drove safe-haven demand, with 10-year Treasury yields falling to about 1.75%. Traders were also watching the FOMC minutes later that day.

- Date: 2019-11-20 · published 2019-11-20T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/56264-us-dollar-index-extends-gains-to-the-97-90-region-focus-on-fed-trade-octa
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Renewed trade tension tends to lift the dollar and weigh on dollar-priced commodities, while also raising risk to US farm export sales to China.

## Read by commodity

- DXY: bullish ▲
- SOY: bearish ▼

## Sources

- octaafrica.net: https://www.octaafrica.net/markets/news/view/774995/

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