# Market Minute: Reasons to be bullish on the dollar

> The dollar has gained 3% since September 9 on expected Fed rate hikes and higher U.S. yields. Net long positions of FX traders have reached their highest level in 10 years, and energy-related dollar demand is cited as a further support.

- Date: 2026-11-03 · published 2026-11-04T09:13:12.141Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/79545-market-minute-reasons-to-be-bullish-on-the-dollar
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

A firmer dollar, driven by rate expectations and energy-related dollar demand, tends to pressure dollar-priced grains, oilseeds and meals while raising import costs for feed buyers in other currencies.

## Read by commodity

- DXY: bullish ▲
- SOY: bearish ▼
- WTI: neutral
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2019-02-11 | [Why the dollar is back on the rise despite the Fed’s dovish turn - MarketWatch](https://feedsoft.ai/events/60769-why-the-dollar-is-back-on-the-rise-despite-the-fed-s-dovish-turn-marketwatch.md) | +0.4% | +0.4% |
| DXY | 2016-12-23 | [Market braces for stronger dollar - The Korea Times](https://feedsoft.ai/events/73675-market-braces-for-stronger-dollar-the-korea-times.md) | -0.4% | -1.6% |
| DXY | 2025-02-28 | [US Dollar Forecast: Attention returns to US labour market](https://feedsoft.ai/events/26227-us-dollar-forecast-attention-returns-to-us-labour-market.md) | -1.5% | -1.3% |
| DXY | 2018-11-28 | [Gold markets: The Fed, dollar in focus](https://feedsoft.ai/events/61959-gold-markets-the-fed-dollar-in-focus.md) | -0.8% | -0.8% |
| DXY | 2017-10-30 | [Why breakouts in the dollar, Treasurys matter for the broader market](https://feedsoft.ai/events/68656-why-breakouts-in-the-dollar-treasurys-matter-for-the-broader-market.md) | -0.2% | -1.6% |
| WTI | 2022-05-17 | [US Dollar Index: Three reasons why DXY is unlikely to peak yet – BofA: Analytics and Market news from 17 May 2022 08:03](https://feedsoft.ai/events/41622-us-dollar-index-three-reasons-why-dxy-is-unlikely-to-peak-yet-bofa-analytics.md) | -3.3% | +4.2% |
| WTI | 2026-04-01 | [How Japan Can Use the Oil Market to Support the Yen](https://feedsoft.ai/events/20404-how-japan-can-use-the-oil-market-to-support-the-yen.md) | -6.6% | +6.7% |
| WTI | 2026-03-31 | [Australian Dollar advances as RBA Minutes flag more tightening](https://feedsoft.ai/events/20405-australian-dollar-advances-as-rba-minutes-flag-more-tightening.md) | +9.6% | -1.7% |

## Sources

- realeconomy.rsmus.com: https://realeconomy.rsmus.com/market-minute-reasons-to-be-bullish-on-the-dollar/

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