# Strong Yields Boost Dollar Awaiting ECB - ActionForex

> The dollar rose across major pairs as US 10-year Treasury yields moved above 3%, reflecting Fed rate-hike expectations. EUR/USD traded near 1.2176 ahead of the ECB decision, which was expected to be dovish with little new guidance.

- Date: 2018-04-26 · published 2018-04-26T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/65730-strong-yields-boost-dollar-awaiting-ecb-actionforex
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Higher US yields and a stronger dollar tend to pressure dollar-priced commodities and make US exports less competitive, while a dovish ECB reinforces euro weakness against the dollar.

## Read by commodity

- DXY: bullish ▲
- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2020-10-29 | [Euro Down after ECB, Oil Tumbles, Dollar and Yen Rise - ActionForex](https://feedsoft.ai/events/50842-euro-down-after-ecb-oil-tumbles-dollar-and-yen-rise-actionforex.md) | -0.5% | -2.2% |
| DXY | 2016-06-16 | [Weak economy and strong dollar both matter](https://feedsoft.ai/events/9291-weak-economy-and-strong-dollar-both-matter.md) | -0.9% | +0.0% |
| DXY | 2020-05-11 | [Sterling dips as rising US yields lift dollar](https://feedsoft.ai/events/53388-sterling-dips-as-rising-us-yields-lift-dollar.md) | +0.9% | -3.2% |
| DXY | 2017-03-31 | [AUD/USD: under pressure on strong dollar, awaiting Chinese data — Octa](https://feedsoft.ai/events/72248-aud-usd-under-pressure-on-strong-dollar-awaiting-chinese-data-octa.md) | +0.4% | +0.4% |
| DXY | 2019-07-29 | [Ringgit falls on stronger dollar direction, markets await Fed decision](https://feedsoft.ai/events/58342-ringgit-falls-on-stronger-dollar-direction-markets-await-fed-decision.md) | +0.6% | +1.5% |
| EURUSD | 2020-10-29 | [Euro Down after ECB, Oil Tumbles, Dollar and Yen Rise - ActionForex](https://feedsoft.ai/events/50842-euro-down-after-ecb-oil-tumbles-dollar-and-yen-rise-actionforex.md) | -0.2% | +1.7% |
| EURUSD | 2017-08-31 | [Euro Hammered as ECB's Concerned with Currency Strength, Dollar Outshone by Canadian Dollar - ActionForex](https://feedsoft.ai/events/69666-euro-hammered-as-ecb-s-concerned-with-currency-strength-dollar-outshone-by.md) | +0.8% | -1.3% |
| EURUSD | 2017-03-31 | [EUR/USD Nosedives On Soft EMU Inflation While Dollar Rebounds - ActionForex](https://feedsoft.ai/events/72204-eur-usd-nosedives-on-soft-emu-inflation-while-dollar-rebounds-actionforex.md) | -0.7% | +1.3% |

## Sources

- actionforex.com: https://www.actionforex.com/contributors/fundamental-analysis/89889-strong-yields-boost-dollar-awaiting-ecb/

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