◂ Event Timeline

Oct 28, 2026MACROUS

Near 102.50: United States Dollar Index gains ahead of Fed rate decision

The US Dollar Index was near 102.40, close to a two-week high, ahead of the Fed's October policy meeting. Fed funds futures implied about a 93% chance of a hold that month and about an 84% chance of a December hike.

WHY IT MATTERS

Higher odds of a December hike support the dollar, which can pressure dollar-priced commodities and weaken US export competitiveness for feed ingredients.

AFFECTSUS Dollar (Broad)▲

SOURCE
tmgmasia.comLallalit SrijandornOct 28, 2026

Price reaction & history

US Dollar (Broad)▲bullishSO FAR1d +0.2%5d —20d —

After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.

Jun 30, 2026United States Dollar Index strengthens above 101.00 on Fed rate hike bets-0.1%
Jun 18, 2026United States Dollar Index: Hawkish Fed repricing supports gains – Deutsche Bank+1.4%
Jul 28, 2021United States Fed Interest Rate Decision meets forecasts (0.25%) — Octa-0.4%
Sep 16, 2024US dollar strengthens ahead of expected Fed rate cut-0.2%
Oct 28, 2022Ringgit extends downtrend vs dollar ahead of US fed decision on interest rates next week | Malay Mail+1.2%

Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.

US Dollar (Broad) DXY · GP ▸

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