# Dollar climbs on Yellen speech, Asia traders eye Trump - Emirates Voice

> The dollar rallied against high-yielding currencies after Fed Chair Janet Yellen signaled further US rate rises this year. Traders remained cautious ahead of Donald Trump's inauguration, and the dollar jumped about 1% against the won.

- Date: 2017-01-19 · published 2017-01-19T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/73147-dollar-climbs-on-yellen-speech-asia-traders-eye-trump-emirates-voice
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Expectations of Fed tightening strengthen the dollar, which tends to pressure dollar-priced commodities and can make feed imports more expensive for emerging-market buyers.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2022-07-20 | [Dollar rises vs euro as traders eye ECB rate decision](https://feedsoft.ai/events/40712-dollar-rises-vs-euro-as-traders-eye-ecb-rate-decision.md) | +0.2% | -0.7% |
| DXY | 2017-02-15 | [Dollar and treasury yields rise on hawkish Yellen speech](https://feedsoft.ai/events/72684-dollar-and-treasury-yields-rise-on-hawkish-yellen-speech.md) | -0.2% | -0.0% |
| DXY | 2024-11-13 | [Dollar hits one-year high on Trump trades](https://feedsoft.ai/events/7556-dollar-hits-one-year-high-on-trump-trades.md) | -0.3% | +0.1% |
| DXY | 2024-12-31 | [Dollar dominates on cautious Fed, Trump trade](https://feedsoft.ai/events/27131-dollar-dominates-on-cautious-fed-trump-trade.md) | -0.2% | -0.4% |
| DXY | 2024-11-14 | [Dollar retains strength against peers on Trump trade \| Reuters](https://feedsoft.ai/events/11853-dollar-retains-strength-against-peers-on-trump-trade-reuters.md) | -0.1% | -0.0% |

## Sources

- emiratesvoice.com: https://www.emiratesvoice.com/en/318/dollar-climbs-on-yellen-speech-asia-traders-eye-trump-120350

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