# FX: What Next for Currencies in Trump Sell-Off?

> Currencies, bonds and metals reacted sharply to Donald Trump's election victory, with the US dollar strengthening and the Mexican peso hit hardest. Analysts expect Trump's proposed tax cuts and infrastructure spending to widen the US budget deficit and support the dollar.

- Date: 2016-12-08 · published 2016-12-08T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/73686-fx-what-next-for-currencies-in-trump-sell-off
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

A stronger dollar tends to pressure US commodity prices in export markets, and the expected fiscal stimulus underpins dollar strength that weighs on dollar-denominated grain and meal prices.

## Read by commodity

- DXY: bullish ▲
- SBM: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2018-05-28 | [Why are Turkey's and Argentina's currencies in free fall?](https://feedsoft.ai/events/65310-why-are-turkey-s-and-argentina-s-currencies-in-free-fall.md) | +0.2% | +1.5% |
| DXY | 2025-01-13 | [FX Talking: Trump’s currency, your problem \| bundles \| ING THINK](https://feedsoft.ai/events/26702-fx-talking-trump-s-currency-your-problem-bundles-ing-think.md) | -0.3% | -0.9% |
| DXY | 2018-05-08 | [LatAm credits exercise patience amid currencies sell-off - LatinFinance](https://feedsoft.ai/events/65288-latam-credits-exercise-patience-amid-currencies-sell-off-latinfinance.md) | -0.1% | +1.5% |
| DXY | 2022-10-05 | [U.S. dollar rallied Wednesday. What about other currencies?](https://feedsoft.ai/events/7985-u-s-dollar-rallied-wednesday-what-about-other-currencies.md) | +1.6% | +0.9% |
| DXY | 2016-11-24 | [Hawkish Fed minutes leads to renewed sell-off in Treasuries](https://feedsoft.ai/events/73754-hawkish-fed-minutes-leads-to-renewed-sell-off-in-treasuries.md) | -0.3% | +0.7% |
| CORN | 2025-01-13 | [FX Talking: Trump’s currency, your problem \| bundles \| ING THINK](https://feedsoft.ai/events/26702-fx-talking-trump-s-currency-your-problem-bundles-ing-think.md) | +1.7% | +1.8% |
| CORN | 2016-11-24 | [Hawkish Fed minutes leads to renewed sell-off in Treasuries](https://feedsoft.ai/events/73754-hawkish-fed-minutes-leads-to-renewed-sell-off-in-treasuries.md) | -4.6% | -1.4% |
| CORN | 2019-03-25 | [Competing Currencies Mostly Bearish for U.S. Crops](https://feedsoft.ai/events/60309-competing-currencies-mostly-bearish-for-u-s-crops.md) | -5.0% | -5.6% |

## Sources

- cmegroup.com: https://www.cmegroup.com/education/featured-reports/fx-what-next-for-currencies-in-trump-sell-off

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