# Fed meeting: beware the dollar’s resilience | articles | ING THINK

> ING previewed the Fed meeting, saying markets priced a quarter-point cut with about 63bp of easing by year-end. It argued the Fed would struggle to push the dollar lower and that high-yielding currencies such as the Canadian dollar could outperform.

- Date: 2019-07-31 · published 2019-07-31T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/58016-fed-meeting-beware-the-dollar-s-resilience-articles-ing-think
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

If the Fed signals less easing than priced, the dollar tends to firm, which can weigh on dollar-denominated commodity prices and the feed markets that depend on them.

## Read by commodity

- DXY: bullish ▲
- USDCAD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2018-04-30 | [More bad news for US dollar bears? \| articles \| ING THINK](https://feedsoft.ai/events/65687-more-bad-news-for-us-dollar-bears-articles-ing-think.md) | +1.0% | +2.2% |
| DXY | 2019-04-25 | [Does secular stagnation help the dollar? \| articles \| ING THINK](https://feedsoft.ai/events/59759-does-secular-stagnation-help-the-dollar-articles-ing-think.md) | -0.4% | +0.7% |
| DXY | 2019-03-08 | [FX: Dollar against the low yielders \| articles \| ING THINK](https://feedsoft.ai/events/60268-fx-dollar-against-the-low-yielders-articles-ing-think.md) | -0.6% | -0.5% |
| DXY | 2021-06-17 | [FX Daily: The Fed disrupting the calm \| articles \| ING THINK](https://feedsoft.ai/events/6129-fx-daily-the-fed-disrupting-the-calm-articles-ing-think.md) | +1.1% | +1.7% |
| DXY | 2023-11-03 | [FX: Dollar to defy seasonal trends \| articles \| ING THINK](https://feedsoft.ai/events/11460-fx-dollar-to-defy-seasonal-trends-articles-ing-think.md) | -0.6% | -2.0% |

## Sources

- think.ing.com: https://think.ing.com/articles/fed-meeting-beware-the-dollar-resilience/

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