# Dollar set for best week in a month on cautious Fed outlook for 2025

> The dollar was set for its best week in a month after the Fed signaled a cautious outlook for 2025. Sterling fell to $1.2616 after UK data showed the economy shrank 0.1% in October.

- Date: 2024-12-13 · published 2024-12-13T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/27205-dollar-set-for-best-week-in-a-month-on-cautious-fed-outlook-for-2025
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A firmer dollar on a cautious Fed outlook raises the cost of dollar-priced feed imports for buyers outside the US, though this is a routine currency move.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2016-11-18 | [Dollar index set for biggest 2-week rise in 20 months](https://feedsoft.ai/events/8329-dollar-index-set-for-biggest-2-week-rise-in-20-months.md) | +1.0% | +1.3% |
| DXY | 2021-10-01 | [Dollar heads for best week in months as Fed tightening looms](https://feedsoft.ai/events/44797-dollar-heads-for-best-week-in-months-as-fed-tightening-looms.md) | -0.1% | -0.4% |
| DXY | 2021-12-07 | [US Dollar outlook for 2022 \| IG South Africa](https://feedsoft.ai/events/43494-us-dollar-outlook-for-2022-ig-south-africa.md) | -0.3% | -0.9% |
| DXY | 2025-10-31 | [Dollar Has Second Best Month of 2025 on Data Void, Hawkish Fed - Bloomberg](https://feedsoft.ai/events/22614-dollar-has-second-best-month-of-2025-on-data-void-hawkish-fed-bloomberg.md) | +0.3% | -0.2% |
| DXY | 2022-01-28 | [Dollar poised for biggest weekly rise in 7 months on rate bets](https://feedsoft.ai/events/12224-dollar-poised-for-biggest-weekly-rise-in-7-months-on-rate-bets.md) | -0.9% | -0.6% |

## Sources

- reuters.com: https://www.reuters.com/markets/currencies/dollar-set-best-week-month-cut-then-wait-fed-outlook-2024-12-13/

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