# Dollar hits 13-month high as rate-hike bets and stock selloff boost demand | MarketScreener

> The US dollar hit a 13-month high against major currencies as traders priced in Fed rate hikes and sought safe haven amid a tech stock selloff. Markets assigned about a 35% chance of a July Fed hike, up from 9% a week earlier.

- Date: 2026-06-24 · published 2026-06-24T12:00:00.000Z
- Category: macro · region Global · magnitude medium
- Page: https://feedsoft.ai/events/19013-dollar-hits-13-month-high-as-rate-hike-bets-and-stock-selloff-boost-demand
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A firmer dollar on hawkish Fed bets tends to weigh on US commodity prices and strengthens importing currencies' cost pressure, while risk-off flows add volatility to grain and oilseed markets.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-06-30 | [US dollar holds near 13-month high as yen's slide, Fed rate hike bets boost the greenback](https://feedsoft.ai/events/19010-us-dollar-holds-near-13-month-high-as-yen-s-slide-fed-rate-hike-bets-boost-the.md) | -0.1% | -0.3% |
| DXY | 2026-06-18 | [Pound slides to two-month low as dollar jumps and BoE holds rates \| MarketScreener](https://feedsoft.ai/events/19059-pound-slides-to-two-month-low-as-dollar-jumps-and-boe-holds-rates-marketscreener.md) | +1.4% | +1.0% |
| DXY | 2026-09-10 | [Euro slips as dollar rises after ECB rate hike \| MarketScreener](https://feedsoft.ai/events/17698-euro-slips-as-dollar-rises-after-ecb-rate-hike-marketscreener.md) | +0.9% | +2.9% |
| DXY | 2026-10-01 | [Dollar hits 17-month high versus euro as bond selloff lifts yields](https://feedsoft.ai/events/9653-dollar-hits-17-month-high-versus-euro-as-bond-selloff-lifts-yields.md) | +0.2% | +0.6% |
| DXY | 2026-07-28 | [Sterling slips as oil slides, US rate hike bets grow \| MarketScreener UK](https://feedsoft.ai/events/18614-sterling-slips-as-oil-slides-us-rate-hike-bets-grow-marketscreener-uk.md) | -0.9% | -2.0% |

## Sources

- marketscreener.com: https://www.marketscreener.com/news/dollar-hits-13-month-high-as-rate-hike-bets-and-stock-selloff-boost-demand-ce7f5fdbdf8ff624

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