# Dollar Traders See the Fed's Next Rate Hike as a Big Sell Signal - Bloomberg

> Bloomberg reports that some asset managers expect the dollar to weaken despite the Fed's expected rate hike at its September 26 meeting. BNP Paribas Asset Management sees the broad dollar falling about 10% within six to nine months, and Invesco forecasts a roughly 2% drop against the euro by year-end. Both are watching for comments on trade tensions.

- Date: 2018-09-20 · published 2018-09-20T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/63241-dollar-traders-see-the-fed-s-next-rate-hike-as-a-big-sell-signal-bloomberg
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A weaker dollar would support US commodity prices and lift export competitiveness for soybeans, corn and meal, while raising costs for importers. The forecasts are contrarian views rather than confirmed trends.

## Read by commodity

- DXY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2025-06-23 | [US Dollar (USD) Erases Gain as Fed's Bowman Signal July Rate Cut Support - Bloomberg](https://feedsoft.ai/events/24417-us-dollar-usd-erases-gain-as-fed-s-bowman-signal-july-rate-cut-support-bloomberg.md) | -1.1% | -0.9% |
| DXY | 2024-11-07 | [Pound (GBP) Rises as Traders See BOE Pausing Rate Cuts Until Next Year - Bloomberg](https://feedsoft.ai/events/27647-pound-gbp-rises-as-traders-see-boe-pausing-rate-cuts-until-next-year-bloomberg.md) | +1.0% | +0.8% |
| DXY | 2024-07-31 | [Dollar falls as Fed signals likely September rate cut](https://feedsoft.ai/events/29455-dollar-falls-as-fed-signals-likely-september-rate-cut.md) | -0.5% | -1.9% |
| DXY | 2022-03-18 | [Why traders sell dollars after Fed vowed to aggressively hike rates? - CGTN](https://feedsoft.ai/events/42439-why-traders-sell-dollars-after-fed-vowed-to-aggressively-hike-rates-cgtn.md) | -0.1% | +0.6% |
| DXY | 2019-06-20 | [King Dollar's Reign May Be Ending as Fed Debates a U-Turn - Bloomberg](https://feedsoft.ai/events/7436-king-dollar-s-reign-may-be-ending-as-fed-debates-a-u-turn-bloomberg.md) | -1.1% | -0.8% |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2018-09-20/dollar-traders-see-the-fed-s-next-rate-hike-as-a-big-sell-signal

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