# Dollar U-Turns On Hawkish Yellen | Investing.com ZA

> The Fed raised rates by 25bp and Chair Yellen struck a more optimistic tone than markets expected, despite a drop in inflation. The Fed raised its GDP forecasts, lowered its unemployment estimates and reaffirmed a third hike for 2017. The dollar traded sharply higher in response after weak retail and inflation reports had prompted short-dollar positioning.

- Date: 2017-06-14 · published 2017-06-14T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/10200-dollar-u-turns-on-hawkish-yellen-investing-com-za
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A hawkish surprise from the Fed lifted the dollar sharply after a short-dollar positioning build-up, which tends to pressure dollar-priced grain and oilseed markets.

## Read by commodity

- DXY: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| DXY | 2017-06-15 | 1 | +0.7% | 3.5 | Yellen's upbeat tone and raised GDP forecasts reversed short-dollar positioning, producing a sharp dollar rally. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-06-18 | [Dollar Rallies on Fed’s Hawkish Hold; BoE Awaited \| Investing.com](https://feedsoft.ai/events/19063-dollar-rallies-on-fed-s-hawkish-hold-boe-awaited-investing-com.md) | +1.4% | +1.0% |
| DXY | 2026-09-17 | [Fed Delivers Hawkish Hike, Dollar Rallies but Gold Recovers \| Investing.com](https://feedsoft.ai/events/17386-fed-delivers-hawkish-hike-dollar-rallies-but-gold-recovers-investing-com.md) | +1.0% | +2.2% |
| 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 | 2026-06-25 | [BofA cuts euro forecasts, sees stronger dollar in second half on hawkish Fed By Investing.com](https://feedsoft.ai/events/19032-bofa-cuts-euro-forecasts-sees-stronger-dollar-in-second-half-on-hawkish-fed-by.md) | -0.2% | -0.4% |
| DXY | 2018-05-02 | [Fed Likely On Hold, But What About U.S. Dollar? \| Investing.com Canada](https://feedsoft.ai/events/64950-fed-likely-on-hold-but-what-about-u-s-dollar-investing-com-canada.md) | +1.2% | +1.8% |

## Sources

- za.investing.com: https://za.investing.com/analysis/dollar-u-turns-on-hawkish-yellen-200195175

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