# The dollar is too strong for U.S. companies

> The dollar index is rising toward its highest level since 2017, and currency strength has been the most-cited negative on S&P 500 first-quarter earnings calls. The dollar has also strengthened against emerging-market currencies such as the Chinese yuan.

- Date: 2019-04-22 · published 2019-04-22T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/59765-the-dollar-is-too-strong-for-u-s-companies
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

A strong dollar erodes US export competitiveness and weighs on emerging-market import demand, a bearish pressure on US grain, meal and feed prices.

## Read by commodity

- DXY: bullish ▲
- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2022-09-15 | [Is the US Dollar Too Strong? \| Goldman Sachs](https://feedsoft.ai/events/39759-is-the-us-dollar-too-strong-goldman-sachs.md) | +1.0% | +2.6% |
| DXY | 2023-11-16 | [The Impact of the Strong U.S. Dollar on Asian Currencies](https://feedsoft.ai/events/12030-the-impact-of-the-strong-u-s-dollar-on-asian-currencies.md) | -0.3% | -1.2% |
| DXY | 2023-06-01 | [Why is the US dollar so strong again?](https://feedsoft.ai/events/35846-why-is-the-us-dollar-so-strong-again.md) | -0.9% | -1.2% |
| DXY | 2024-04-29 | [A Strong U.S. Dollar Weighs on the World](https://feedsoft.ai/events/30905-a-strong-u-s-dollar-weighs-on-the-world.md) | -0.7% | -1.1% |
| DXY | 2022-09-28 | [Why is the US dollar so strong, and what does it mean?](https://feedsoft.ai/events/10320-why-is-the-us-dollar-so-strong-and-what-does-it-mean.md) | -1.8% | -1.5% |
| CORN | 2022-09-28 | [Why is the US dollar so strong, and what does it mean?](https://feedsoft.ai/events/10320-why-is-the-us-dollar-so-strong-and-what-does-it-mean.md) | +1.9% | +4.4% |
| CORN | 2024-04-18 | [How the strong U.S. dollar is rippling through the world economy](https://feedsoft.ai/events/12559-how-the-strong-u-s-dollar-is-rippling-through-the-world-economy.md) | -0.4% | +4.0% |
| CORN | 2025-01-14 | [Daily: US dollar: Stronger for longer? \| UBS Global](https://feedsoft.ai/events/26704-daily-us-dollar-stronger-for-longer-ubs-global.md) | +1.0% | +3.3% |

## Sources

- axios.com: https://www.axios.com/2019/04/22/united-states-dollar-index-strong

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