# Trump bets on Fed cuts to help the dollar. Don't count on it

> The article argues that the dollar has not reliably weakened in response to Fed rate cuts, citing a broad dollar index that is essentially unchanged since the Fed's last hike in December. It notes the dollar strengthened about 1.2% since January, when Fed Chair Powell signaled rate hikes were on hold.

- Date: 2019-10-31 · published 2019-10-31T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/56774-trump-bets-on-fed-cuts-to-help-the-dollar-don-t-count-on-it
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

If the dollar does not weaken on Fed easing, the price support that a weaker dollar would give to US-priced feed ingredients and exports will be limited. Buyers should not assume currency-driven price relief from the Fed cuts.

## Read by commodity

- DXY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2017-09-25 | [It's risky to go long on the dollar \| The National](https://feedsoft.ai/events/69151-it-s-risky-to-go-long-on-the-dollar-the-national.md) | +1.2% | +2.3% |
| DXY | 2017-06-13 | [The US Dollar Tipped to Jump 2% Higher](https://feedsoft.ai/events/10202-the-us-dollar-tipped-to-jump-2-higher.md) | -0.2% | -0.7% |
| DXY | 2019-09-30 | [Bets That Fed Rate Cuts Will Dent Dollar May Prove ‘Dangerous’ - Bloomberg](https://feedsoft.ai/events/57272-bets-that-fed-rate-cuts-will-dent-dollar-may-prove-dangerous-bloomberg.md) | -0.2% | -1.4% |
| DXY | 2016-11-03 | [Trump worries hit dollar; pound boosted by Brexit court ruling](https://feedsoft.ai/events/74075-trump-worries-hit-dollar-pound-boosted-by-brexit-court-ruling.md) | +0.7% | +3.0% |
| DXY | 2018-06-13 | [US Dollar on Cusp of Renewed Downtrend as Faster-Fed Fails to Inspire the Market](https://feedsoft.ai/events/64711-us-dollar-on-cusp-of-renewed-downtrend-as-faster-fed-fails-to-inspire-the-market.md) | +1.3% | +0.6% |

## Sources

- reuters.com: https://www.reuters.com/article/us-usa-trump-fed/trump-bets-on-fed-cuts-to-help-the-dollar-dont-count-on-it-idUSKBN1XA219/?feedName=businessNews&feedType=RSS

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