# Is the US dollar heading for a crash?  | The National

> The article notes that the dollar is strong as US second-quarter GDP grew at a 4.2% annualised rate and the Fed raised rates to 2% to 2.25%, its third hike this year. Analysts forecast three more hikes in 2019 and one in 2020, which would lift rates above 3%. Global investor inflows into the US could push the dollar higher if the Fed follows through.

- Date: 2018-09-30 · published 2018-09-30T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/63245-is-the-us-dollar-heading-for-a-crash-the-national
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Continued Fed tightening and capital inflows would keep the dollar firm, raising the cost of dollar-priced feed imports for buyers abroad and pressuring US commodity values. Expected further hikes are the main driver.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2023-09-08 | [Why the US Fed's interest rate pause is a win for dollar bulls \| The National](https://feedsoft.ai/events/34010-why-the-us-fed-s-interest-rate-pause-is-a-win-for-dollar-bulls-the-national.md) | -0.6% | +1.6% |
| DXY | 2019-04-22 | [The dollar is too strong for U.S. companies](https://feedsoft.ai/events/59765-the-dollar-is-too-strong-for-u-s-companies.md) | +0.7% | +1.5% |
| DXY | 2021-06-22 | [Why a hawkish US Fed is reverberating around markets \| The National](https://feedsoft.ai/events/46489-why-a-hawkish-us-fed-is-reverberating-around-markets-the-national.md) | -0.7% | +0.8% |
| DXY | 2017-10-30 | [US tax and upbeat economic outlooks lift dollar’s fortunes \| The National](https://feedsoft.ai/events/68659-us-tax-and-upbeat-economic-outlooks-lift-dollar-s-fortunes-the-national.md) | -0.2% | -1.6% |
| 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% |

## Sources

- thenationalnews.com: https://www.thenationalnews.com/business/money/is-the-us-dollar-heading-for-a-crash-1.775433

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