# Dollar squeeze coming? Don't take your eyes off Asia's politicians | INTERNATIONAL ECONOMY NEWS - Business Standard

> The dollar's strongest quarterly run of Trump's presidency has caused discomfort across Asia, but no dollar shortage has yet emerged. The rupee hit an all-time low of 69.09 per dollar, and the yuan fell more than 5% in the June quarter, which analysts link to trade-war competitiveness.

- Date: 2018-06-29 · published 2018-06-29T12:00:00.000Z
- Category: macro · region Asia · magnitude low
- Page: https://feedsoft.ai/events/64770-dollar-squeeze-coming-don-t-take-your-eyes-off-asia-s-politicians-international
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md), [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

A strong dollar and a weak yuan and rupee raise import costs for Asian feed buyers and may shift export competitiveness in soybean and grain trade.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2022-10-31 | [Dollar strengthens as US Fed expected to stay hawkish; yen fragile \| International News Others - Business Standard](https://feedsoft.ai/events/39323-dollar-strengthens-as-us-fed-expected-to-stay-hawkish-yen-fragile-international.md) | -0.1% | -2.8% |
| DXY | 2019-05-23 | [Trade tensions are starting to pull foreign-exchange markets into the arena \| INTERNATIONAL MARKET NEWS - Business Standard](https://feedsoft.ai/events/59285-trade-tensions-are-starting-to-pull-foreign-exchange-markets-into-the-arena.md) | +0.1% | -1.2% |
| DXY | 2023-06-30 | [Importers must hedge near-term exposures on dollar rally risk, say analysts \| News - Business Standard](https://feedsoft.ai/events/35780-importers-must-hedge-near-term-exposures-on-dollar-rally-risk-say-analysts-news.md) | -0.4% | -1.5% |
| DXY | 2021-11-11 | [Indian bonds, rupee take US inflation scare relatively easy \| News on Markets - Business Standard](https://feedsoft.ai/events/44322-indian-bonds-rupee-take-us-inflation-scare-relatively-easy-news-on-markets.md) | +0.8% | +1.2% |
| DXY | 2024-03-05 | [Strong U.S. economy sends dollar bears into hibernation](https://feedsoft.ai/events/31395-strong-u-s-economy-sends-dollar-bears-into-hibernation.md) | -0.7% | +0.5% |
| USDCNY | 2019-05-23 | [Trade tensions are starting to pull foreign-exchange markets into the arena \| INTERNATIONAL MARKET NEWS - Business Standard](https://feedsoft.ai/events/59285-trade-tensions-are-starting-to-pull-foreign-exchange-markets-into-the-arena.md) | -0.1% | -0.8% |
| USDCNY | 2023-06-21 | [China's yuan dips to 7-month low on lack of stimulus news, dollar strength \| The Business Standard](https://feedsoft.ai/events/11236-china-s-yuan-dips-to-7-month-low-on-lack-of-stimulus-news-dollar-strength-the.md) | +0.5% | +0.6% |
| USDCNY | 2023-09-27 | [Dollar Dominance② The Dollar's Strength Lies in Enduring the Current Account Deficit... Sensitive to Economic Slumps in Korea, China, and Japan Currencies - The Asia Business Daily](https://feedsoft.ai/events/34362-dollar-dominance-2-the-dollar-s-strength-lies-in-enduring-the-current-account.md) | -0.2% | +0.1% |

## Sources

- business-standard.com: https://www.business-standard.com/article/international/dollar-squeeze-coming-don-t-take-your-eyes-off-asia-s-politicians-118062900680_1.html

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