# Asian stocks set to end week higher; dollar left in doldrums by Fed - The HinduBusinessLine

> Asian stocks were set for their best week since July while the dollar index fell 0.2% to 100.18 after a five-week low, extending a slide after the Fed kept its forecast at three hikes this year. US Treasury yields recovered after initially falling. Markets were also watching the G20 finance leaders' meeting in Germany.

- Date: 2017-03-17 · published 2017-03-17T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/71925-asian-stocks-set-to-end-week-higher-dollar-left-in-doldrums-by-fed-the
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

A weaker dollar and firmer global risk appetite support dollar-priced commodities, though the G20 meeting on trade protectionism could introduce headline risk for trade flows.

## Read by commodity

- DXY: bearish ▼
- USDJPY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2020-03-02 | [Dollar takes a back seat as markets bet on Fed rate cuts - The HinduBusinessLine](https://feedsoft.ai/events/6185-dollar-takes-a-back-seat-as-markets-bet-on-fed-rate-cuts-the-hindubusinessline.md) | -0.8% | +4.0% |
| DXY | 2017-12-28 | [Dollar near 3-1/2 week lows; commodity, currencies stand tall - The HinduBusinessLine](https://feedsoft.ai/events/67395-dollar-near-3-1-2-week-lows-commodity-currencies-stand-tall-the.md) | -1.2% | -3.8% |
| DXY | 2017-07-31 | [Rupee gains on weak dollar - The HinduBusinessLine](https://feedsoft.ai/events/70270-rupee-gains-on-weak-dollar-the-hindubusinessline.md) | +0.3% | -0.5% |
| DXY | 2017-03-13 | [Euro firms to 1-month high after ECB rate hike talk; dollar drifts - The HinduBusinessLine](https://feedsoft.ai/events/72202-euro-firms-to-1-month-high-after-ecb-rate-hike-talk-dollar-drifts-the.md) | -1.1% | -1.3% |
| DXY | 2019-03-20 | [Dollar on defensive as market awaits Fed decision, euro edges up - The HinduBusinessLine](https://feedsoft.ai/events/60265-dollar-on-defensive-as-market-awaits-fed-decision-euro-edges-up-the.md) | +0.4% | +0.4% |

## Sources

- thehindubusinessline.com: https://www.thehindubusinessline.com/markets/stock-markets/asian-stocks-set-for-best-week-since-july-dollar-dips-further/article64296568.ece

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