# U.S. dollar advances before Fed decision; Swedish hike fails to boost crown

> The US dollar advanced ahead of a Federal Reserve decision, while a Swedish central bank rate hike failed to lift the crown. Strategists cited weak risk sentiment, recession fears, a hawkish Fed and the war in Ukraine as supports for the dollar.

- Date: 2022-09-20 · published 2022-09-20T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/10323-u-s-dollar-advances-before-fed-decision-swedish-hike-fails-to-boost-crown
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A firmer dollar ahead of a hawkish Fed keeps pressure on dollar-priced commodities and emerging-market currencies. The outlook points to continued pricing pressure on US export values.

## Read by commodity

- DXY: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| DXY | 2022-09-27 | 5 | +2.6% | 3.4 | The dollar advanced ahead of the Fed decision on recession fears, hawkish Fed expectations and the Ukraine war, driving safe-haven demand early in the window. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-07-30 | [British Pound declines as Fed hawkish rate holds boost US Dollar, BoE rate decision looms](https://feedsoft.ai/events/18612-british-pound-declines-as-fed-hawkish-rate-holds-boost-us-dollar-boe-rate.md) | -1.2% | -1.9% |
| DXY | 2022-09-21 | [U.S. dollar soars to two-decade high as Fed flags more large hikes \| Reuters](https://feedsoft.ai/events/8605-u-s-dollar-soars-to-two-decade-high-as-fed-flags-more-large-hikes-reuters.md) | +2.6% | +2.6% |
| DXY | 2026-06-24 | [U.S. dollar rises to 13-month high on Fed rate hike views](https://feedsoft.ai/events/11992-u-s-dollar-rises-to-13-month-high-on-fed-rate-hike-views.md) | -0.1% | -0.4% |
| DXY | 2022-01-26 | [Dollar rises to five-week high after Fed policy decision \| Reuters](https://feedsoft.ai/events/12221-dollar-rises-to-five-week-high-after-fed-policy-decision-reuters.md) | +0.2% | -0.4% |
| DXY | 2020-09-23 | [Gold and Silver Hit by Hawkish Fed Boost to Dollar - Markets Insider](https://feedsoft.ai/events/51033-gold-and-silver-hit-by-hawkish-fed-boost-to-dollar-markets-insider.md) | +0.8% | -1.4% |

## Sources

- reuters.com: https://www.reuters.com/markets/us/dollar-firm-markets-brace-another-big-fed-rate-hike-2022-09-20/

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