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

> 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.

- Date: 2017-08-07 · published 2017-08-07T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/69368-what-s-next-for-the-most-important-currency-in-the-world-moneyweek
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## 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.

## Read by commodity

- DXY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2017-02-24 | [The pound is the 'most undervalued major currency in the world and will rebound to its pre-Brexit levels' \| The Independent \| The Independent](https://feedsoft.ai/events/72741-the-pound-is-the-most-undervalued-major-currency-in-the-world-and-will-rebound.md) | +1.0% | -0.7% |
| DXY | 2025-05-30 | [Could the euro topple the U.S. dollar as the world's reserve currency?](https://feedsoft.ai/events/24904-could-the-euro-topple-the-u-s-dollar-as-the-world-s-reserve-currency.md) | -0.5% | -1.6% |
| DXY | 2017-12-01 | [Asia forex: Most Asian currencies ease as U.S. tax vote stalls](https://feedsoft.ai/events/67719-asia-forex-most-asian-currencies-ease-as-u-s-tax-vote-stalls.md) | +0.5% | -0.3% |
| DXY | 2019-08-21 | [Taming the Currency Hype](https://feedsoft.ai/events/57764-taming-the-currency-hype.md) | +0.3% | -0.3% |
| DXY | 2017-12-13 | [What bond and currency traders are looking for from Yellen’s Fed decision - MarketWatch](https://feedsoft.ai/events/67656-what-bond-and-currency-traders-are-looking-for-from-yellen-s-fed-decision.md) | -0.4% | -1.8% |

## Sources

- moneyweek.com: https://moneyweek.com/471159/us-dollar-the-most-important-currency-in-the-world

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