# Dovish Fed Hits The US Dollar | ECONOMETER

> The US Federal Reserve shifted to a dovish stance on June 19, dropping its 'patient' language and signaling it could ease as early as July. Markets priced in three cuts this year, and the dollar lost ground against most G10 currencies.

- Date: 2019-06-20 · published 2019-06-20T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/58783-dovish-fed-hits-the-us-dollar-econometer
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Lower US rates and a weaker dollar tend to support dollar-priced commodities and can make US exports cheaper abroad, though the effect on feed grains is indirect and tied to trade-deal hopes.

## Read by commodity

- DXY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2018-09-26 | [US dollar weakness providing relief \| ECONOMETER](https://feedsoft.ai/events/63244-us-dollar-weakness-providing-relief-econometer.md) | +0.2% | +1.5% |
| DXY | 2024-09-30 | [US Dollar Forecast: Fed’s easing weighs on the Dollar](https://feedsoft.ai/events/28507-us-dollar-forecast-fed-s-easing-weighs-on-the-dollar.md) | +0.9% | +3.1% |
| DXY | 2025-06-30 | [Econosights - US king dollar to pauper dollar? - AMP](https://feedsoft.ai/events/24494-econosights-us-king-dollar-to-pauper-dollar-amp.md) | -0.0% | +0.8% |
| DXY | 2019-06-21 | [Thai Baht hits six year high - 31.05 to the US dollar \| Thaiger](https://feedsoft.ai/events/58869-thai-baht-hits-six-year-high-31-05-to-the-us-dollar-thaiger.md) | -0.1% | +0.1% |
| DXY | 2017-05-03 | [TalkingEconomics: Has the dollar turned?](https://feedsoft.ai/events/71191-talkingeconomics-has-the-dollar-turned.md) | +0.6% | -1.2% |

## Sources

- econometer.org: https://econometer.org/2019/06/20/dovish-fed-hits-the-us-dollar/

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