# DXY with a Strong Technical Signal: EUR/USD, Gold in Trouble | Nasdaq

> The dollar index is holding support near 100.50 and rising Treasury yields are lifting real yields, with futures pricing a 100% chance of a December Fed hike. The analysis expects EUR/USD to test lows near 0.95 by end-2017 and gold to stay under pressure.

- Date: 2016-11-29 · published 2016-11-29T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/74039-dxy-with-a-strong-technical-signal-eur-usd-gold-in-trouble-nasdaq
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Expected Fed tightening and a firmer dollar tend to push dollar-denominated commodity prices lower and tighten financing for importers in emerging markets.

## Read by commodity

- DXY: bullish ▲
- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2022-09-15 | [Is the US Dollar Too Strong? \| Goldman Sachs](https://feedsoft.ai/events/39759-is-the-us-dollar-too-strong-goldman-sachs.md) | +1.0% | +2.6% |
| DXY | 2023-06-01 | [Why is the US dollar so strong again?](https://feedsoft.ai/events/35846-why-is-the-us-dollar-so-strong-again.md) | -0.9% | -1.2% |
| DXY | 2022-10-25 | [Local Political Uncertainty And Strong USD Demand, Puts Ringgit In Bearish Territory](https://feedsoft.ai/events/39382-local-political-uncertainty-and-strong-usd-demand-puts-ringgit-in-bearish.md) | -0.3% | -3.0% |
| DXY | 2025-10-31 | [As Eurozone inflation eases, the EUR/USD trend weakens with losses around 1.1560 due to USD strength - VT Markets](https://feedsoft.ai/events/22640-as-eurozone-inflation-eases-the-eur-usd-trend-weakens-with-losses-around-1-1560.md) | +0.3% | -0.2% |
| DXY | 2023-07-27 | [EUR/USD - Euro sinks as ECB signals a September pause is possible \| MarketPulse by OANDA Group](https://feedsoft.ai/events/35252-eur-usd-euro-sinks-as-ecb-signals-a-september-pause-is-possible-marketpulse-by.md) | +1.2% | +1.9% |
| EURUSD | 2022-06-14 | [EUR/USD Euro Set to Hit Parity With Dollar in a Month, Wells Fargo Says - Bloomberg](https://feedsoft.ai/events/9636-eur-usd-euro-set-to-hit-parity-with-dollar-in-a-month-wells-fargo-says-bloomberg.md) | +1.1% | -3.4% |
| EURUSD | 2018-11-02 | [EUR/USD drops further after reports signal ECB considers new TLTRO — Octa](https://feedsoft.ai/events/62243-eur-usd-drops-further-after-reports-signal-ecb-considers-new-tltro-octa.md) | +0.2% | -0.4% |
| EURUSD | 2025-10-31 | [As Eurozone inflation eases, the EUR/USD trend weakens with losses around 1.1560 due to USD strength - VT Markets](https://feedsoft.ai/events/22640-as-eurozone-inflation-eases-the-eur-usd-trend-weakens-with-losses-around-1-1560.md) | -0.2% | +0.5% |

## Sources

- nasdaq.com: https://www.nasdaq.com/articles/dxy-strong-technical-signal-eurusd-gold-trouble-2016-11-29

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