# Why are US dollars getting so expensive? | Business and Economy | Al Jazeera

> Borrowing US dollars has become more expensive as cross-currency basis swaps approach their highest levels this year. Demand is rising ahead of expected Treasury bill issuance and bets on European and UK easing.

- Date: 2019-08-01 · published 2019-08-01T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/57760-why-are-us-dollars-getting-so-expensive-business-and-economy-al-jazeera
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A tight dollar funding market strengthens the dollar and can weigh on dollar-denominated commodity prices and emerging-market import demand.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2016-06-16 | [Weak economy and strong dollar both matter](https://feedsoft.ai/events/9291-weak-economy-and-strong-dollar-both-matter.md) | -0.9% | +0.0% |
| DXY | 2022-10-29 | [Corn, wheat sag on firm dollar, concerns over US export demand - Markets - Business Recorder](https://feedsoft.ai/events/4932-corn-wheat-sag-on-firm-dollar-concerns-over-us-export-demand-markets-business.md) | -0.1% | -2.8% |
| DXY | 2022-09-28 | [Why is the US dollar so strong, and what does it mean?](https://feedsoft.ai/events/10320-why-is-the-us-dollar-so-strong-and-what-does-it-mean.md) | -1.8% | -1.5% |
| DXY | 2019-03-04 | [US dollar extends rising streak even as euro slips - The Business Times](https://feedsoft.ai/events/60270-us-dollar-extends-rising-streak-even-as-euro-slips-the-business-times.md) | +0.7% | +0.5% |
| DXY | 2024-10-22 | [Dollar climbs with US rates on economic outlook - Business & Finance - Business Recorder](https://feedsoft.ai/events/28055-dollar-climbs-with-us-rates-on-economic-outlook-business-and-finance-business.md) | +0.3% | +1.5% |

## Sources

- aljazeera.com: https://www.aljazeera.com/economy/2019/8/1/why-are-us-dollars-getting-so-expensive

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