# Dollar dips on trade optimism, before Fed meeting - Trending - Aaj English TV

> The dollar slipped as optimism grew that the US and China would reach a trade deal, reducing demand for safe-haven currencies. Trump said he expected to sign a significant part of the deal ahead of schedule. The dollar index fell 0.07% to 97.765 ahead of the Fed meeting.

- Date: 2019-10-28 · published 2019-10-28T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/56781-dollar-dips-on-trade-optimism-before-fed-meeting-trending-aaj-english-tv
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Easing trade tensions lower the risk premium on the dollar and can support Chinese demand for US farm products. A weaker dollar would also support dollar-priced feed commodities.

## Read by commodity

- DXY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2019-11-01 | [Dollar drops on mixed data, trade optimism](https://feedsoft.ai/events/56260-dollar-drops-on-mixed-data-trade-optimism.md) | +0.2% | +0.9% |
| DXY | 2025-06-30 | [Dollar droops as optimism over U.S. trade deals boost Fed easing bets](https://feedsoft.ai/events/24415-dollar-droops-as-optimism-over-u-s-trade-deals-boost-fed-easing-bets.md) | -0.0% | +0.8% |
| DXY | 2025-11-01 | [US dollar slips as trade optimism boosts risk appetite](https://feedsoft.ai/events/22637-us-dollar-slips-as-trade-optimism-boosts-risk-appetite.md) | +0.0% | -0.2% |
| DXY | 2021-04-27 | [Currencies Overview: Dollar Hovering Above Its Lowest Level in Weeks Before  Fed Meeting – Noor Trends](https://feedsoft.ai/events/47814-currencies-overview-dollar-hovering-above-its-lowest-level-in-weeks-before-fed.md) | +0.2% | -0.8% |
| DXY | 2019-12-12 | [Euro buoyed before ECB meeting as Fed forecast knocks dollar \| Financial Post](https://feedsoft.ai/events/55785-euro-buoyed-before-ecb-meeting-as-fed-forecast-knocks-dollar-financial-post.md) | -0.4% | -1.0% |

## Sources

- english.aaj.tv: https://english.aaj.tv/news/10459489/dollar-dips-on-trade-optimism-before-fed-meeting

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