# Materials Up as Dollar Falls on Rate-Hike Skepticism -- Materials Roundup - MarketWatch

> Producers of metals, grains and other raw materials rose as traders bet the Federal Reserve would hold off on rate hikes. Gold futures rose 2.83% to $4,489.40 an ounce, their highest close since May, as the dollar lost ground after the Treasury pledged to increase bond buybacks.

- Date: 2026-08-19 · published 2026-08-19T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/17806-materials-up-as-dollar-falls-on-rate-hike-skepticism-materials-roundup
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

A weaker dollar makes dollar-priced commodities cheaper for foreign buyers, which can support grain and feed ingredient prices, though the gain is mainly in precious metals here.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-07-30 | [Materials Up as Traders Digest Fed Statement - Materials Roundup - MarketWatch](https://feedsoft.ai/events/18259-materials-up-as-traders-digest-fed-statement-materials-roundup-marketwatch.md) | -1.2% | -1.9% |
| DXY | 2023-10-31 | [US dollar falls as markets believe Fed is done hiking rates \| Reuters](https://feedsoft.ai/events/11457-us-dollar-falls-as-markets-believe-fed-is-done-hiking-rates-reuters.md) | -1.4% | -2.9% |
| DXY | 2022-11-04 | [Dollar Falls Sharply as Fed Officials Allow for Smaller Rate Hikes](https://feedsoft.ai/events/8198-dollar-falls-sharply-as-fed-officials-allow-for-smaller-rate-hikes.md) | -2.7% | -4.3% |
| DXY | 2025-08-06 | [Dollar falls as traders bet on more rate cuts](https://feedsoft.ai/events/23519-dollar-falls-as-traders-bet-on-more-rate-cuts.md) | -0.5% | -0.3% |
| DXY | 2023-03-22 | [Dollar falls after Fed raises rates, indicates one more hike ahead](https://feedsoft.ai/events/36777-dollar-falls-after-fed-raises-rates-indicates-one-more-hike-ahead.md) | -1.0% | -1.5% |
| CORN | 2023-10-31 | [US dollar falls as markets believe Fed is done hiking rates \| Reuters](https://feedsoft.ai/events/11457-us-dollar-falls-as-markets-believe-fed-is-done-hiking-rates-reuters.md) | +1.1% | -3.7% |
| CORN | 2023-03-13 | [Dollar slides as Fed rate hike outlook tumbles after SVB collapse](https://feedsoft.ai/events/37051-dollar-slides-as-fed-rate-hike-outlook-tumbles-after-svb-collapse.md) | +0.8% | +0.8% |
| CORN | 2018-01-25 | [Dollar falls as market fears impact of Trump's US-centric stance - Nikkei Asia](https://feedsoft.ai/events/67210-dollar-falls-as-market-fears-impact-of-trump-s-us-centric-stance-nikkei-asia.md) | +0.1% | +0.8% |

## Sources

- marketwatch.com: https://www.marketwatch.com/story/materials-up-as-dollar-falls-on-rate-hike-skepticism-materials-roundup-7c25c52f

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