# USD: Recent rise suggest it will prove sticky - Westpac — Octa

> Westpac analyst Richard Franulovich argues that the recent US dollar rise will prove sticky and may run further. He notes the latest yield increase to 3% is driven more by Fed hike expectations than by term premium.

- Date: 2018-04-30 · published 2018-04-30T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/65689-usd-recent-rise-suggest-it-will-prove-sticky-westpac-octa
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A persistent dollar rally tends to pressure dollar-priced grains, oilseeds and meals, while supporting import costs for weaker-currency feed buyers.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2024-04-30 | [USD/CAD rises above 1.3700 as strong US Q1 Employment Cost Index, weak Canadian GDP — Octa](https://feedsoft.ai/events/30972-usd-cad-rises-above-1-3700-as-strong-us-q1-employment-cost-index-weak-canadian.md) | -0.5% | -0.9% |
| DXY | 2017-05-29 | [USD: Bull move is over? - BBH — Octa](https://feedsoft.ai/events/71193-usd-bull-move-is-over-bbh-octa.md) | -0.4% | -0.6% |
| DXY | 2023-08-31 | [USD/CAD delivers modest recovery ahead of core PCE Inflation data — Octa](https://feedsoft.ai/events/34817-usd-cad-delivers-modest-recovery-ahead-of-core-pce-inflation-data-octa.md) | +1.8% | +2.3% |
| DXY | 2022-06-13 | [USD/MXN jumps to 20.50 as Wall Street plunges — Octa](https://feedsoft.ai/events/41166-usd-mxn-jumps-to-20-50-as-wall-street-plunges-octa.md) | +1.0% | +2.9% |
| DXY | 2021-05-28 | [USD/JPY set to retest 110 ahead of US data — Octa](https://feedsoft.ai/events/47355-usd-jpy-set-to-retest-110-ahead-of-us-data-octa.md) | -0.1% | +1.0% |

## Sources

- octaafrica.net: https://www.octaafrica.net/markets/news/view/563644/

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