# Dollar Finishes Lower and Gold Rallies on Fed Rate Cut Expectations

> The dollar index fell to a 1.5-week low on Friday as swaps markets raised the odds of a December Fed rate cut to 83%, up from 30% a week earlier. Reports that Kevin Hassett is a top candidate to succeed Powell as Fed Chair also weighed on the dollar.

- Date: 2025-11-28 · published 2025-11-28T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/21879-dollar-finishes-lower-and-gold-rallies-on-fed-rate-cut-expectations
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A weaker dollar on rate-cut bets tends to support dollar-priced commodities. Fed leadership expectations add uncertainty to the currency outlook.

## Read by commodity

- DXY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2024-08-16 | [Gold rallies to record high on softer dollar, rate-cut expectations \| Reuters](https://feedsoft.ai/events/28697-gold-rallies-to-record-high-on-softer-dollar-rate-cut-expectations-reuters.md) | -0.2% | -0.8% |
| DXY | 2025-11-25 | [Dollar Tumbles and Gold Rallies on Improved Fed Rate Cut Chances](https://feedsoft.ai/events/21880-dollar-tumbles-and-gold-rallies-on-improved-fed-rate-cut-chances.md) | -0.6% | -1.8% |
| DXY | 2023-01-11 | [Gold prices surge on expectations for slower Fed rate rises](https://feedsoft.ai/events/37704-gold-prices-surge-on-expectations-for-slower-fed-rate-rises.md) | -1.0% | -0.1% |
| DXY | 2020-02-25 | [U.S. dollar falls as expectations of a Fed rate cut rise \| Financial Post](https://feedsoft.ai/events/54775-u-s-dollar-falls-as-expectations-of-a-fed-rate-cut-rise-financial-post.md) | -0.5% | +7.4% |
| DXY | 2020-02-27 | [Dollar struggle owes to build up of Fed rate cut expectations - Credit Argricole](https://feedsoft.ai/events/54779-dollar-struggle-owes-to-build-up-of-fed-rate-cut-expectations-credit-argricole.md) | -0.5% | +6.3% |

## Sources

- barchart.com: https://www.barchart.com/story/news/36362277/dollar-finishes-lower-and-gold-rallies-on-fed-rate-cut-expectations

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