# The Fed's 'Super Dollar': How Much Longer?

> Commentary on the strength of the US dollar and its effect on emerging market currencies. It notes that a strong dollar pressures emerging market currencies while weaker Indian rupee and Chinese yuan could help their exports.

- Date: 2018-08-24 · published 2018-08-24T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/63694-the-fed-s-super-dollar-how-much-longer
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md), [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

A stronger dollar makes US commodities more expensive for foreign buyers and tends to weigh on dollar-denominated grain prices, while weaker EM currencies can shift export competitiveness.

## Read by commodity

- DXY: bullish ▲
- USDCNY: bullish ▲
- USDINR: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2018-04-27 | [And The U.S. Dollar?](https://feedsoft.ai/events/65691-and-the-u-s-dollar.md) | +0.7% | +1.9% |
| DXY | 2021-03-24 | [What a stronger dollar means for the world](https://feedsoft.ai/events/48323-what-a-stronger-dollar-means-for-the-world.md) | +0.8% | -0.9% |
| DXY | 2023-05-30 | [US dollar set to be stronger for longer - The Business Times](https://feedsoft.ai/events/36141-us-dollar-set-to-be-stronger-for-longer-the-business-times.md) | -0.5% | -1.4% |
| DXY | 2018-11-28 | [Gold markets: The Fed, dollar in focus](https://feedsoft.ai/events/61959-gold-markets-the-fed-dollar-in-focus.md) | -0.8% | -0.8% |
| DXY | 2022-10-24 | [The US Dollar is much stronger - how will it impact the Australian economy? \| Investing.com AU](https://feedsoft.ai/events/39396-the-us-dollar-is-much-stronger-how-will-it-impact-the-australian-economy.md) | -0.4% | -2.3% |
| USDCNY | 2023-05-30 | [US dollar set to be stronger for longer - The Business Times](https://feedsoft.ai/events/36141-us-dollar-set-to-be-stronger-for-longer-the-business-times.md) | +0.6% | +2.2% |
| USDCNY | 2024-05-30 | [Yuan Hits Six-Month Low Amid Dollar Surge - Finimize](https://feedsoft.ai/events/30493-yuan-hits-six-month-low-amid-dollar-surge-finimize.md) | -0.0% | +0.3% |
| USDCNY | 2019-08-05 | [Yuan sinks past seven against the dollar to over decade low](https://feedsoft.ai/events/5372-yuan-sinks-past-seven-against-the-dollar-to-over-decade-low.md) | +1.8% | +3.1% |

## Sources

- forbes.com: https://www.forbes.com/sites/kenrapoza/2018/08/24/federal-reserve-powell-bostic-pits-strong-dollar-versus-world/

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