# Great Graphic:  Fed's Real Broad Trade Weighted Dollar - Marc to Market  Marc Chandler on Global FX and Capital Markets

> The Federal Reserve's real broad trade-weighted dollar fell 1.41% in January, its largest monthly decline since March 2016. The measure had risen for four months before that, and the Fed has been more concerned about the pace of change than the level. The analysis expects the dollar to rise toward its earlier highs over time.

- Date: 2017-03-01 · published 2017-03-01T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/72193-great-graphic-fed-s-real-broad-trade-weighted-dollar-marc-to-market-marc
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Dollar moves of this size shift the relative competitiveness of US grain and meal exports, so the trend is a background factor for commodity prices.

## Read by commodity

- DXY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2021-03-19 | [Dollar pauses as traders weigh Fed's dovish stance - Markets - Business Recorder](https://feedsoft.ai/events/48315-dollar-pauses-as-traders-weigh-fed-s-dovish-stance-markets-business-recorder.md) | +1.1% | -0.1% |
| DXY | 2021-04-22 | [Euro and U.S. dollar waffle as markets weigh ECB policy talk](https://feedsoft.ai/events/47818-euro-and-u-s-dollar-waffle-as-markets-weigh-ecb-policy-talk.md) | -0.3% | -1.2% |
| DXY | 2023-05-12 | [Dollar keeps gains as traders bet Fed headed for a pause - Markets - Business Recorder](https://feedsoft.ai/events/36144-dollar-keeps-gains-as-traders-bet-fed-headed-for-a-pause-markets-business.md) | +0.9% | +0.3% |
| DXY | 2018-06-13 | [US Dollar on Cusp of Renewed Downtrend as Faster-Fed Fails to Inspire the Market](https://feedsoft.ai/events/64711-us-dollar-on-cusp-of-renewed-downtrend-as-faster-fed-fails-to-inspire-the-market.md) | +1.3% | +0.6% |
| DXY | 2018-07-19 | [Dollar and gold falters as Trump hits fed, stocks drop: markets wrap - MINING.COM](https://feedsoft.ai/events/63947-dollar-and-gold-falters-as-trump-hits-fed-stocks-drop-markets-wrap-mining-com.md) | -0.4% | +1.6% |

## Sources

- marctomarket.com: https://www.marctomarket.com/2017/03/great-graphic-feds-real-broad-trade.html

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