# USD: Tide of sentiment has turned against the dollar – BBH — Octa

> BBH analysts say sentiment has turned against the US dollar, with the broad trade-weighted measure set for a seventh straight monthly decline. They attribute this to political gridlock over health care reform and tax policy, with the BAT dropped.

- Date: 2017-07-31 · published 2017-07-31T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/70150-usd-tide-of-sentiment-has-turned-against-the-dollar-bbh-octa
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

A sustained dollar decline tends to lift dollar-priced grains, oilseeds and meal, supporting feed input prices for buyers.

## Read by commodity

- DXY: bearish ▼
- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2021-06-28 | [Rand reverses dollar gains on the back of hawkish sentiment \| Freight News](https://feedsoft.ai/events/46877-rand-reverses-dollar-gains-on-the-back-of-hawkish-sentiment-freight-news.md) | +0.5% | +1.1% |
| DXY | 2017-02-23 | [Against the tide: The return of the euro? - Euromoney](https://feedsoft.ai/events/72709-against-the-tide-the-return-of-the-euro-euromoney.md) | +0.2% | -1.2% |
| DXY | 2017-05-03 | [TalkingEconomics: Has the dollar turned?](https://feedsoft.ai/events/71191-talkingeconomics-has-the-dollar-turned.md) | +0.6% | -1.2% |
| DXY | 2020-08-30 | [Euro-Dollar Week Ahead: Once More Unto the Breach as USD Sentiment Dominates](https://feedsoft.ai/events/51827-euro-dollar-week-ahead-once-more-unto-the-breach-as-usd-sentiment-dominates.md) | +0.1% | +1.4% |
| DXY | 2022-10-17 | [Dollar dips as UK budget U-turn improves market sentiment](https://feedsoft.ai/events/39402-dollar-dips-as-uk-budget-u-turn-improves-market-sentiment.md) | -0.5% | -3.8% |
| CORN | 2023-03-28 | [U.S. Dollar Weakens Against Basket of Peers as Banking Crisis Concerns Ease \| FXEmpire](https://feedsoft.ai/events/37057-u-s-dollar-weakens-against-basket-of-peers-as-banking-crisis-concerns-ease.md) | +0.2% | -1.0% |
| CORN | 2026-01-28 | [AUD/USD Outlook: US Dollar Unwind Hands the Baton to Australia CPI \| Investing.com](https://feedsoft.ai/events/21320-aud-usd-outlook-us-dollar-unwind-hands-the-baton-to-australia-cpi-investing-com.md) | +0.2% | +0.0% |
| CORN | 2019-01-30 | [US Dollar In Sharp Sell-off Vs Euro, Pound As FED Confirms Will Be 'Patient' On Future Hikes](https://feedsoft.ai/events/61288-us-dollar-in-sharp-sell-off-vs-euro-pound-as-fed-confirms-will-be-patient-on.md) | +0.2% | -0.3% |

## Sources

- octaafrica.net: https://www.octaafrica.net/markets/news/view/472311/

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