◂ Event Timeline

Aug 7, 2017MACROUS

What’s next for the most important currency in the world?

MoneyWeek analyst John Stepek argues the US dollar has reached a turning point whose direction could shape markets for months. He cites underwhelming US economic data and doubts about President Trump's fiscal agenda.

WHY IT MATTERS

Expectations for dollar direction affect the relative cost of dollar-priced grains and feed ingredients for importers, but the piece is a general outlook without a concrete new event.

AFFECTSUS Dollar (Broad)◆

SOURCE
moneyweek.comJohn StepekAug 7, 2017

Price reaction & history

US Dollar (Broad)◆neutralSO FAR1d +0.1%5d -0.2%20d -1.1%

After 359 past neutral macro events, US Dollar (Broad) moved a median -0.0% over 5 sessions (49% higher; middle half -0.4% to +0.4%), and -0.1% over 20.

Feb 24, 2017The pound is the 'most undervalued major currency in the world and will rebound to its pre-Brexit levels' | The Independent | The Independent+1.0%
May 30, 2025Could the euro topple the U.S. dollar as the world's reserve currency?-0.5%
Dec 1, 2017Asia forex: Most Asian currencies ease as U.S. tax vote stalls+0.5%
Aug 21, 2019Taming the Currency Hype+0.3%
Dec 13, 2017What bond and currency traders are looking for from Yellen’s Fed decision - MarketWatch-0.4%

Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.

US Dollar (Broad) DXY · GP ▸

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