◂ Event Timeline

Apr 29, 2019MACROGlobal

Dollar rally stalls, underlining slowdown fears

The dollar's rally faltered on Monday despite strong US data, trading in a narrow range as Japan began a week of holidays. Traders were focused on the upcoming Federal Reserve meeting, Brexit talks and US inflation and payrolls data.

WHY IT MATTERS

A firmer or softer dollar shifts the price of dollar-denominated grains and meal, so a stalled rally modestly supports US export competitiveness and commodity prices.

AFFECTSUS Dollar (Broad)◆

SOURCE
businesstimes.com.sgApr 29, 2019

Price reaction & history

US Dollar (Broad)◆neutralSO FAR1d +0.0%5d -0.2%20d +0.5%

After 359 past neutral macro events, US Dollar (Broad) moved a median -0.0% over 5 sessions (49% higher; middle half -0.4% to +0.4%), and -0.1% over 20.

Mar 19, 2021Dollar pauses as traders weigh Fed's dovish stance - Markets - Business Recorder+1.1%
Sep 19, 2019Has the Fed plugged the US dollar leak? - MacroBusiness+0.6%
Dec 1, 2021Dollar falls; yen and Swiss franc gain in post-Omicron gyrations | The Business Standard-0.3%
Jul 13, 2021Australia, NZ dollars steady, benefit from weaker US dollar - Markets - Business Recorder+0.7%
Jul 27, 2022Dollar slightly lower after Fed hikes by 75 basis points - Markets - Business Recorder-0.7%

Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.

US Dollar (Broad) DXY · GP ▸

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