# Dovish Fed unlikely to derail the run in US dollar - TDS - Forex Crunch

> TD Securities said the dollar is unlikely to come under significant pressure despite a dovish Fed, since other economies are weak and the dollar offers the highest carry among G10 currencies. The firm did not expect a policy change at the coming meeting.

- Date: 2019-04-29 · published 2019-04-29T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/59764-dovish-fed-unlikely-to-derail-the-run-in-us-dollar-tds-forex-crunch
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A resilient dollar keeps US export commodities less competitive abroad, a mild bearish factor for grain and meal prices.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2018-04-20 | [Aluminum is not enough: the Aussie succumbed to the mighty US Dollar - Forex Crunch](https://feedsoft.ai/events/65761-aluminum-is-not-enough-the-aussie-succumbed-to-the-mighty-us-dollar-forex-crunch.md) | +1.7% | +3.6% |
| DXY | 2018-11-28 | [Gold markets: The Fed, dollar in focus](https://feedsoft.ai/events/61959-gold-markets-the-fed-dollar-in-focus.md) | -0.8% | -0.8% |
| DXY | 2024-06-06 | [Why the US dollar is likely to stay ‘stronger for longer’ \| Goldman Sachs](https://feedsoft.ai/events/8480-why-the-us-dollar-is-likely-to-stay-stronger-for-longer-goldman-sachs.md) | +1.1% | +0.8% |
| DXY | 2021-05-27 | [EUR/USD: Recent shifts in ECB and Fed rhetoric are bearish for the euro - MUFG - Forex Crunch](https://feedsoft.ai/events/47298-eur-usd-recent-shifts-in-ecb-and-fed-rhetoric-are-bearish-for-the-euro-mufg.md) | +0.3% | +1.3% |
| DXY | 2018-11-12 | [Forex market: Fed, Brexit and dollar in focus](https://feedsoft.ai/events/62251-forex-market-fed-brexit-and-dollar-in-focus.md) | -0.4% | -0.2% |

## Sources

- forexcrunch.com: https://www.forexcrunch.com/blog/2019/04/29/dovish-fed-unlikely-to-derail-the-run-in-us-dollar-tds/

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