# And The U.S. Dollar?

> The dollar has risen about 2.3 to 2.4 percent in seven trading days since April 17, recovering from a February low. The author attributes the move to Fed rate hikes and accelerating balance sheet unwinding.

- Date: 2018-04-27 · published 2018-04-27T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/65691-and-the-u-s-dollar
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A stronger dollar makes US commodities more expensive for overseas buyers and can pressure futures prices across grains, meals and oilseeds.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2020-03-17 | [COVID-19 and the US dollar](https://feedsoft.ai/events/54308-covid-19-and-the-us-dollar.md) | +4.3% | +1.3% |
| DXY | 2024-04-29 | [A Strong U.S. Dollar Weighs on the World](https://feedsoft.ai/events/30905-a-strong-u-s-dollar-weighs-on-the-world.md) | -0.7% | -1.1% |
| DXY | 2022-09-28 | [Why is the US dollar so strong, and what does it mean?](https://feedsoft.ai/events/10320-why-is-the-us-dollar-so-strong-and-what-does-it-mean.md) | -1.8% | -1.5% |
| 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% |
| 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% |

## Sources

- seekingalpha.com: https://seekingalpha.com/article/4166787-and-the-u-s-dollar

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