# Brief relief from dollar repression | ING THINK

> Two-year US swap rates fell about 15 basis points from earlier highs as some FOMC members questioned further hikes. The correction in US rates and the dollar was expected to extend through the Thanksgiving week. The dollar index was expected to trade within 96-97.

- Date: 2018-11-19 · published 2018-11-19T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/62248-brief-relief-from-dollar-repression-ing-think
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Lower US rate expectations weaken the dollar and can support dollar-priced commodities. The move is described as a short-term correction, so the impact on prices is likely limited.

## Read by commodity

- DXY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2020-03-23 | [FX Talking: I need a dollar \| reports \| ING THINK](https://feedsoft.ai/events/6586-fx-talking-i-need-a-dollar-reports-ing-think.md) | -2.0% | -1.7% |
| DXY | 2023-07-14 | [FX Talking July: The dollar’s break point \| reports \| ING THINK](https://feedsoft.ai/events/9981-fx-talking-july-the-dollar-s-break-point-reports-ing-think.md) | +0.4% | +1.7% |
| DXY | 2019-06-17 | [FX Talking: The beginning of the end of the dollar’s rally \| reports \| ING THINK](https://feedsoft.ai/events/9810-fx-talking-the-beginning-of-the-end-of-the-dollar-s-rally-reports-ing-think.md) | -0.9% | -1.1% |
| DXY | 2021-03-04 | [FX: Dollar bounce underwhelms \| articles \| ING THINK](https://feedsoft.ai/events/10066-fx-dollar-bounce-underwhelms-articles-ing-think.md) | +0.7% | +0.9% |
| DXY | 2020-04-02 | [FX: In the dollar we do not trust \| articles \| ING THINK](https://feedsoft.ai/events/53574-fx-in-the-dollar-we-do-not-trust-articles-ing-think.md) | -0.5% | -0.8% |

## Sources

- think.ing.com: https://think.ing.com/articles/brief-relief-from-dollar-repression/

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