# Will the Dollar be a Headwind for Commodities? – WTOP News

> Commodities ended 2016 strongly, with the Bloomberg Commodity Index up 12 percent, led by crude oil. Analysts say the usual inverse relationship with the dollar may not hold for long, and a stronger dollar could weigh on the sector this year.

- Date: 2017-01-26 · published 2017-01-26T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/72906-will-the-dollar-be-a-headwind-for-commodities-wtop-news
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A stronger dollar would make US farm exports pricier abroad and could cap grain and oilseed prices. Analysts expect the dollar's gains to be smaller than in 2015.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2024-06-29 | [The US Needs A Weak Currency, Which Will Be A Tailwind For Commodities](https://feedsoft.ai/events/29637-the-us-needs-a-weak-currency-which-will-be-a-tailwind-for-commodities.md) | -0.7% | -0.1% |
| DXY | 2024-08-29 | [The U.S. Dollar and Commodity Prices \| news.cqg.com](https://feedsoft.ai/events/28700-the-u-s-dollar-and-commodity-prices-news-cqg-com.md) | +0.5% | -0.7% |
| DXY | 2020-01-21 | [Weakening Dollar Good News For Commodities - Passport to Wall Street](https://feedsoft.ai/events/54999-weakening-dollar-good-news-for-commodities-passport-to-wall-street.md) | +0.6% | +1.3% |
| DXY | 2022-12-07 | [Half of Commodities in the Red for 2022 as King Dollar Rears Head Again \| Investing.com](https://feedsoft.ai/events/38163-half-of-commodities-in-the-red-for-2022-as-king-dollar-rears-head-again.md) | -1.0% | -0.7% |
| DXY | 2017-05-04 | [Commodities nerves grow after Fed boosts dollar - The HinduBusinessLine](https://feedsoft.ai/events/70922-commodities-nerves-grow-after-fed-boosts-dollar-the-hindubusinessline.md) | +0.4% | -1.2% |

## Sources

- wtop.com: https://wtop.com/news/2017/01/will-the-dollar-be-a-headwind-for-commodities/

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