# A dollar rising into a possible US recession could be a bad omen - Moneyweb

> Bloomberg reports the dollar has risen strongly in 2019 while US recession forecasts grow, with the NY Fed indicator showing over 30% odds of a downturn within 12 months. Analysts warn a strong dollar with falling rates could hamper US growth.

- Date: 2019-08-28 · published 2019-08-28T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/57765-a-dollar-rising-into-a-possible-us-recession-could-be-a-bad-omen-moneyweb
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Recession risk and a strong dollar lower global demand and pressure dollar-priced commodities, bearish for feed markets.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2019-09-01 | [Dollar rising into a possible US recession could be a bad omen - Gulf Times](https://feedsoft.ai/events/12337-dollar-rising-into-a-possible-us-recession-could-be-a-bad-omen-gulf-times.md) | -0.9% | -0.2% |
| DXY | 2024-06-07 | [Dollar rises to highest in a month - Moneyweb](https://feedsoft.ai/events/8476-dollar-rises-to-highest-in-a-month-moneyweb.md) | +1.4% | +0.8% |
| DXY | 2023-02-28 | [Rand pressured by a stronger US dollar - Moneyweb](https://feedsoft.ai/events/37617-rand-pressured-by-a-stronger-us-dollar-moneyweb.md) | -0.7% | -0.9% |
| DXY | 2022-04-28 | [Rand pressured by strong dollar - Moneyweb](https://feedsoft.ai/events/42125-rand-pressured-by-strong-dollar-moneyweb.md) | +0.1% | -0.4% |
| DXY | 2017-07-11 | [Surging dollar pushes rand to R13.60/$ - Moneyweb](https://feedsoft.ai/events/70264-surging-dollar-pushes-rand-to-r13-60-moneyweb.md) | -1.1% | -1.6% |

## Sources

- moneyweb.co.za: https://www.moneyweb.co.za/news/economy/a-dollar-rising-into-a-possible-us-recession-could-be-a-bad-omen/

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