# Asia FX falters as dollar gains offset upbeat China news

> Asian currencies slipped as higher US Treasury yields and hawkish Federal Reserve comments supported the dollar, offsetting stronger Chinese manufacturing data. The Thai baht edged lower in the broader sell-off.

- Date: 2017-10-02 · published 2017-10-02T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/68728-asia-fx-falters-as-dollar-gains-offset-upbeat-china-news
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A firmer dollar makes dollar-priced commodities more expensive for Asian buyers, a mild bearish pressure on US-priced feed inputs.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2023-08-18 | [Dollar set for fifth straight week of gains as China stays top of mind \| Reuters](https://feedsoft.ai/events/34806-dollar-set-for-fifth-straight-week-of-gains-as-china-stays-top-of-mind-reuters.md) | -0.2% | +0.6% |
| DXY | 2026-02-01 | [US dollar gains as Warsh named next Fed Chair](https://feedsoft.ai/events/21240-us-dollar-gains-as-warsh-named-next-fed-chair.md) | +0.3% | +0.7% |
| DXY | 2025-05-22 | [US dollar gains, sentiment still frayed; euro falters \| Reuters](https://feedsoft.ai/events/24909-us-dollar-gains-sentiment-still-frayed-euro-falters-reuters.md) | -0.2% | -0.6% |
| DXY | 2017-10-27 | [U.S. grains: Wheat futures sink as dollar rallies - Grainews](https://feedsoft.ai/events/68496-u-s-grains-wheat-futures-sink-as-dollar-rallies-grainews.md) | -0.1% | -1.4% |
| DXY | 2022-12-05 | [Asia FX sinks as hawkish Fed jitters offset China COVID hopes By Investing.com](https://feedsoft.ai/events/6577-asia-fx-sinks-as-hawkish-fed-jitters-offset-china-covid-hopes-by-investing-com.md) | +0.3% | +0.1% |

## Sources

- business-standard.com: https://www.business-standard.com/article/reuters/asia-fx-falters-as-dollar-gains-offset-upbeat-china-news-117100200296_1.html

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