# Taming the Currency Hype

> IMF blog post says escalating trade tensions are weighing on global growth and prompting monetary easing, raising fears of a currency war. It argues higher tariffs will not reduce trade imbalances and proposes alternatives.

- Date: 2019-08-21 · published 2019-08-21T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/57764-taming-the-currency-hype
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Slower global growth and currency war risk reduce commodity demand and add volatility to feed grain and oilseed prices.

## Read by commodity

- DXY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2018-02-23 | [Chinese yuan against the dollar: China currency appreciation](https://feedsoft.ai/events/66714-chinese-yuan-against-the-dollar-china-currency-appreciation.md) | +0.6% | -0.6% |
| DXY | 2025-05-30 | [Could the euro topple the U.S. dollar as the world's reserve currency?](https://feedsoft.ai/events/24904-could-the-euro-topple-the-u-s-dollar-as-the-world-s-reserve-currency.md) | -0.5% | -1.6% |
| DXY | 2017-08-07 | [What’s next for the most important currency in the world? \| MoneyWeek](https://feedsoft.ai/events/69368-what-s-next-for-the-most-important-currency-in-the-world-moneyweek.md) | -0.2% | -1.1% |
| DXY | 2024-06-28 | [Will the Canadian Dollar Soar This Summer? - Interchange Currency Exchange](https://feedsoft.ai/events/30029-will-the-canadian-dollar-soar-this-summer-interchange-currency-exchange.md) | -0.7% | -0.5% |
| DXY | 2023-01-31 | [Local Currency Depreciates Against the Greenback Ahead of Fed’s Meeting (Updated)](https://feedsoft.ai/events/38040-local-currency-depreciates-against-the-greenback-ahead-of-fed-s-meeting-updated.md) | +1.4% | +2.1% |

## Sources

- imf.org: https://www.imf.org/en/blogs/articles/2019/08/21/blog-taming-the-currency-hype

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