# Bets That Fed Rate Cuts Will Dent Dollar May Prove ‘Dangerous’ - Bloomberg

> T. Rowe Price's Quentin Fitzsimmons argues that betting on Fed rate cuts to weaken the dollar may be dangerous. He notes the greenback has fallen during only one of the past four U.S. rate-cutting cycles. The view challenges the conventional expectation that looser policy weakens the currency.

- Date: 2019-09-30 · published 2019-09-30T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/57272-bets-that-fed-rate-cuts-will-dent-dollar-may-prove-dangerous-bloomberg
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

If the dollar holds up despite rate cuts, dollar-priced feed commodities face less currency-driven support. Buyers should not assume a weaker dollar will lift U.S. export prices.

## Read by commodity

- DXY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2024-07-10 | [Why the Fed cutting interest rates may weaken the U.S. dollar](https://feedsoft.ai/events/29459-why-the-fed-cutting-interest-rates-may-weaken-the-u-s-dollar.md) | -0.6% | +0.2% |
| DXY | 2024-06-05 | [US dollar to weaken, but Fed rate cuts are required, say strategists:  Reuters poll](https://feedsoft.ai/events/29967-us-dollar-to-weaken-but-fed-rate-cuts-are-required-say-strategists-reuters-poll.md) | +1.1% | +0.9% |
| DXY | 2019-10-31 | [Trump bets on Fed cuts to help the dollar. Don't count on it](https://feedsoft.ai/events/56774-trump-bets-on-fed-cuts-to-help-the-dollar-don-t-count-on-it.md) | -0.1% | +0.8% |
| DXY | 2023-11-16 | [Dollar steady as U.S. jobless claims boost Fed rate cut bets](https://feedsoft.ai/events/10103-dollar-steady-as-u-s-jobless-claims-boost-fed-rate-cut-bets.md) | -0.3% | -1.2% |
| DXY | 2023-05-03 | [Fed Rate Decision Leaves Wall Street Investors With Many Questions - Bloomberg](https://feedsoft.ai/events/35848-fed-rate-decision-leaves-wall-street-investors-with-many-questions-bloomberg.md) | -0.7% | +1.1% |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2019-09-30/bets-that-fed-rate-cuts-will-dent-dollar-may-prove-dangerous

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