# Dollar Bull Market Is Over

> A Forbes commentary argues that Draghi's prepared speech could mark the top of the dollar's bull run. It says the narrowing of the wide US-global interest rate spread removes the main reason capital flowed into dollar assets. The author expects that trend to reverse.

- Date: 2017-06-29 · published 2017-06-29T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/70708-dollar-bull-market-is-over
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

If the dollar's rally has peaked, a weaker dollar would support dollar-denominated feed commodity prices. This is an opinion view rather than a confirmed market event.

## Read by commodity

- DXY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2021-02-18 | [Current US dollar rally is a bear market correction – ING — Octa](https://feedsoft.ai/events/48820-current-us-dollar-rally-is-a-bear-market-correction-ing-octa.md) | -0.3% | +1.0% |
| DXY | 2020-08-31 | [A weak dollar is impacting an uneven global market recovery](https://feedsoft.ai/events/51828-a-weak-dollar-is-impacting-an-uneven-global-market-recovery.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% |
| DXY | 2020-10-22 | [Goldman Sachs: Commodities bull market ahead on dollar, inflation risk](https://feedsoft.ai/events/50555-goldman-sachs-commodities-bull-market-ahead-on-dollar-inflation-risk.md) | +0.8% | -1.1% |
| DXY | 2019-06-19 | [Dollar Drops on Fed Comments -- Market Talk - WSJ](https://feedsoft.ai/events/7437-dollar-drops-on-fed-comments-market-talk-wsj.md) | -1.1% | -0.9% |

## Sources

- forbes.com: https://www.forbes.com/sites/bryanrich/2017/06/28/dollar-bull-market-is-over/

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