# Dollar recovers as G20 caution sets in

> The dollar recovered against its rivals as investors bought back the currency ahead of the G20 summit, where Trump and Xi are due to discuss trade. The dollar index was last at 96.79, about 0.4% higher after near one-week lows. Analysts said risk appetite would stay subdued.

- Date: 2018-12-01 · published 2018-12-01T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/62247-dollar-recovers-as-g20-caution-sets-in
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A firmer dollar on trade-war caution puts mild pressure on US dollar-priced grain and meal exports. A trade deal at the G20 could weaken the dollar and support export prices.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2021-12-09 | [Dollar gains, equity rally stalls as caution returns](https://feedsoft.ai/events/43794-dollar-gains-equity-rally-stalls-as-caution-returns.md) | +0.8% | -0.3% |
| DXY | 2024-12-24 | [Dollar edges higher as Fed rates view sets direction](https://feedsoft.ai/events/27135-dollar-edges-higher-as-fed-rates-view-sets-direction.md) | +0.8% | -0.1% |
| DXY | 2021-03-01 | [Dollar gains on reflation trade, Aussie recovers \| Financial Post](https://feedsoft.ai/events/48359-dollar-gains-on-reflation-trade-aussie-recovers-financial-post.md) | +0.8% | +0.8% |
| DXY | 2024-09-20 | [Dollar strengthens versus yen as BOJ strikes cautious stance on rate hikes \| Reuters](https://feedsoft.ai/events/28541-dollar-strengthens-versus-yen-as-boj-strikes-cautious-stance-on-rate-hikes.md) | -0.2% | +2.2% |
| DXY | 2021-06-24 | [Dollar rally sputters as Fed sends mixed signals on inflation - Markets - Business Recorder](https://feedsoft.ai/events/46844-dollar-rally-sputters-as-fed-sends-mixed-signals-on-inflation-markets-business.md) | +0.2% | +1.0% |

## Sources

- cnbc.com: https://www.cnbc.com/2018/11/29/forex-markets-fed-chair-powells-comments-dollar-moves-in-focus.html

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