# Dollar bulls have room to run on Trump win, euro could reach parity with dollar

> The dollar index rose nearly 3% since Trump's election and is near a 14-year high, with the euro edging toward parity. Currencies of emerging markets such as the Brazilian real and Mexican peso sold off sharply on fears about NAFTA and trade policy.

- Date: 2016-11-16 · published 2016-11-16T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/9133-dollar-bulls-have-room-to-run-on-trump-win-euro-could-reach-parity-with-dollar
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md), [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

A strong dollar and weak emerging-market currencies such as the real and peso raise the cost of US grain and meal for those buyers and can shift export flows toward Brazil and Argentina.

## Read by commodity

- DXY: bullish ▲
- SOY: bearish ▼
- CORN: bearish ▼
- USDBRL: bullish ▲
- USDMXN: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| USDBRL | 2016-11-16 | 5 | +7.5% | 3.5 | A broad dollar rally of nearly 3% and EM currency sell-off on trade and NAFTA fears show a global dollar-strength driver behind the real's decline. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2022-07-12 | [Euro bounces from brink of parity with US dollar](https://feedsoft.ai/events/40714-euro-bounces-from-brink-of-parity-with-us-dollar.md) | -0.4% | -1.2% |
| DXY | 2022-07-13 | [ECB is 'attentive' to exchange rate as euro hits parity with dollar \| Reuters](https://feedsoft.ai/events/40709-ecb-is-attentive-to-exchange-rate-as-euro-hits-parity-with-dollar-reuters.md) | -0.8% | -1.3% |
| DXY | 2022-08-22 | [Dollar rises on risk aversion; euro revisits parity](https://feedsoft.ai/events/40217-dollar-rises-on-risk-aversion-euro-revisits-parity.md) | +0.0% | +1.6% |
| DXY | 2022-08-23 | [Euro falls below parity with the dollar. What's the impact? \| AP News](https://feedsoft.ai/events/40249-euro-falls-below-parity-with-the-dollar-what-s-the-impact-ap-news.md) | -0.1% | +1.2% |
| DXY | 2024-03-28 | [Currency Markets: A Decline in the Euro to Parity With the Dollar Beckons - Bloomberg](https://feedsoft.ai/events/31420-currency-markets-a-decline-in-the-euro-to-parity-with-the-dollar-beckons.md) | +0.0% | +1.6% |
| USDBRL | 2026-10-26 | [Euro falls against dollar; Brazilian real tumbles after Lula election win](https://feedsoft.ai/events/17282-euro-falls-against-dollar-brazilian-real-tumbles-after-lula-election-win.md) | +7.6% | — |
| USDBRL | 2023-09-08 | [Why the US Fed's interest rate pause is a win for dollar bulls \| The National](https://feedsoft.ai/events/34010-why-the-us-fed-s-interest-rate-pause-is-a-win-for-dollar-bulls-the-national.md) | -2.2% | +4.1% |
| USDBRL | 2022-09-26 | [Crowd of dollar bulls raises risk of violent pullback](https://feedsoft.ai/events/10321-crowd-of-dollar-bulls-raises-risk-of-violent-pullback.md) | +3.1% | +0.8% |

## Sources

- cnbc.com: https://www.cnbc.com/2016/11/16/dollar-bulls-have-room-to-run-on-trump-win-euro-could-reach-parity-with-dollar.html

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