# Dollar Rallies on Fed’s Hawkish Hold; BoE Awaited | Investing.com

> The Fed held rates under new chair Kevin Warsh in a hawkish hold, with nine policymakers favouring at least one hike by year-end. Markets raised bets on a 25bp hike by October, and the dollar rose sharply against most major peers.

- Date: 2026-06-18 · published 2026-06-18T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/19063-dollar-rallies-on-fed-s-hawkish-hold-boe-awaited-investing-com
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Expected Fed tightening and higher inflation projections strengthen the dollar, which lowers the local-currency cost of US-priced feed ingredients for importers. A firmer dollar can also weigh on US export competitiveness for grains and oilseeds.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 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% |
| DXY | 2017-06-14 | [Dollar U-Turns On Hawkish Yellen \| Investing.com ZA](https://feedsoft.ai/events/10200-dollar-u-turns-on-hawkish-yellen-investing-com-za.md) | +0.6% | -0.9% |
| DXY | 2026-06-18 | [Fed Holds Rates, New Chair Leans Hawkish, Gold Down but Not Out \| Investing.com](https://feedsoft.ai/events/18709-fed-holds-rates-new-chair-leans-hawkish-gold-down-but-not-out-investing-com.md) | +1.4% | +1.0% |
| 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% |

## Sources

- investing.com: https://www.investing.com/analysis/dollar-rallies-on-feds-hawkish-hold-boe-awaited-200682394

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