# US Dollar Rally Over Unless Trump Delivers a Substantial Fiscal Boost

> Barclays analysts argue that the multi-year US dollar rally is at risk of ending unless the Trump administration delivers a substantial fiscal boost including tax reform. Markets have concluded that the promised tax and spending plans will be far smaller than campaign pledges. The dollar is currently the second-worst performer among the ten largest currencies.

- Date: 2017-05-31 · published 2017-05-31T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/71252-us-dollar-rally-over-unless-trump-delivers-a-substantial-fiscal-boost
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A weaker dollar would lift dollar-denominated commodity prices and make US feed exports more competitive abroad. Buyers should watch whether fiscal policy stalls the dollar's rise.

## Read by commodity

- DXY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2019-02-01 | [Fed over-delivers… and the dollar bows \| Lombard Odier](https://feedsoft.ai/events/60508-fed-over-delivers-and-the-dollar-bows-lombard-odier.md) | +0.8% | +1.0% |
| DXY | 2022-05-17 | [Dollar rally stalls, rivals pursue tentative recovery \| Financial Post](https://feedsoft.ai/events/12694-dollar-rally-stalls-rivals-pursue-tentative-recovery-financial-post.md) | -1.6% | +0.8% |
| DXY | 2025-06-30 | [Dollar droops as optimism over U.S. trade deals boost Fed easing bets](https://feedsoft.ai/events/24415-dollar-droops-as-optimism-over-u-s-trade-deals-boost-fed-easing-bets.md) | -0.0% | +0.8% |
| DXY | 2026-10-02 | [US dollar strength to fizzle, FX forecasters unmoved by searing rally: Reuters poll \| Reuters](https://feedsoft.ai/events/17222-us-dollar-strength-to-fizzle-fx-forecasters-unmoved-by-searing-rally-reuters.md) | -0.3% | -0.1% |
| DXY | 2026-01-26 | [Dollar under fire again as investors reassess Trump policies, geopolitical risk \| Reuters](https://feedsoft.ai/events/10158-dollar-under-fire-again-as-investors-reassess-trump-policies-geopolitical-risk.md) | -0.8% | -0.8% |

## Sources

- poundsterlinglive.com: https://www.poundsterlinglive.com/usd/6882-pound-to-dollar-barclays-see-end-of-usd-rally

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