# Rates In US Continue To Put Upwards Pressure On The US Dollar | Exchange Rates UK

> Exchange Rates UK reports that the US Fed Funds Rate remains above other developed economies despite two cuts. Stronger-than-expected US manufacturing PMI data contrasted with weak eurozone surveys. EURUSD slipped back under 1.10 while the dollar stayed firm.

- Date: 2019-09-24 · published 2019-09-24T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/57274-rates-in-us-continue-to-put-upwards-pressure-on-the-us-dollar-exchange-rates-uk
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

A firmer dollar makes US feed ingredients more expensive for importers and can pressure dollar-denominated grain and meal prices. The weak euro also reduces European purchasing power for US products.

## Read by commodity

- DXY: bullish ▲
- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2022-10-28 | [Euro US Dollar Exchange Rate Falls \| Exchange Rates UK](https://feedsoft.ai/events/39364-euro-us-dollar-exchange-rate-falls-exchange-rates-uk.md) | +1.2% | -2.4% |
| DXY | 2018-04-30 | [British Pound To US Dollar Exchange Rate Continues To Tumble As Political Uncertainties Grip Pound \| Exchange Rates UK](https://feedsoft.ai/events/65765-british-pound-to-us-dollar-exchange-rate-continues-to-tumble-as-political.md) | +1.0% | +2.2% |
| DXY | 2025-01-08 | [High US Dollar Index to put pressure on Vietnamese dong in 2025](https://feedsoft.ai/events/26837-high-us-dollar-index-to-put-pressure-on-vietnamese-dong-in-2025.md) | +0.6% | -0.5% |
| DXY | 2018-09-18 | [Hike in US interest rate to put pressure on ringgit](https://feedsoft.ai/events/63306-hike-in-us-interest-rate-to-put-pressure-on-ringgit.md) | -0.3% | -0.0% |
| DXY | 2017-08-30 | [The US Dollar To Yen Rate To Climb As "Continued Fade Of This Week?s Risk-off Move Favors Near-Term JPY Weakness" \| Exchange Rates UK](https://feedsoft.ai/events/69684-the-us-dollar-to-yen-rate-to-climb-as-and-quot-continued-fade-of-this-week-s.md) | -0.6% | +0.9% |
| EURUSD | 2022-10-28 | [Euro US Dollar Exchange Rate Falls \| Exchange Rates UK](https://feedsoft.ai/events/39364-euro-us-dollar-exchange-rate-falls-exchange-rates-uk.md) | -2.3% | +4.0% |
| EURUSD | 2021-03-01 | [Euro to US Dollar Exchange Rate Dips on Concerns Over the EU’s Slow Covid-19 Vaccine Rollout \| Euro Exchange Rate News This is](https://feedsoft.ai/events/11423-euro-to-us-dollar-exchange-rate-dips-on-concerns-over-the-eu-s-slow-covid-19.md) | -1.5% | -2.4% |
| EURUSD | 2018-09-30 | [The British Pound, Euro And US Dollar (GBP, EUR, USD) Exchange Rate Forecasts - Brexit Update \| Exchange Rates UK](https://feedsoft.ai/events/63290-the-british-pound-euro-and-us-dollar-gbp-eur-usd-exchange-rate-forecasts-brexit.md) | -1.0% | -2.0% |

## Sources

- exchangerates.org.uk: https://www.exchangerates.org.uk/news/27299/2019-09-24-rates-in-us-continue-to-put-upwards-pressure-on-the-us-dollar.html

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