# US Dollar Index (DXY) Slips as Fed Holds and Hike Odds Hit 82.6%

> The US Dollar Index slipped to around 101 as the Fed held rates at 3.75% to 4.00%. CME FedWatch odds of a December hike rose to 82.6% from 78.3%.

- Date: 2026-10-29 · published 2026-10-29T06:06:05.597Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/288-us-dollar-index-dxy-slips-as-fed-holds-and-hike-odds-hit-82-6
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Rising odds of a December rate hike support the dollar over time, which typically pressures dollar-denominated commodity prices and raises financing costs for feed buyers.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2025-06-01 | [Ringgit slips against US dollar as US Fed flags inflation worries](https://feedsoft.ai/events/24948-ringgit-slips-against-us-dollar-as-us-fed-flags-inflation-worries.md) | -0.5% | -1.9% |
| DXY | 2023-06-29 | [Dollar index hits two-week high as data boosts Fed hike expectations](https://feedsoft.ai/events/35661-dollar-index-hits-two-week-high-as-data-boosts-fed-hike-expectations.md) | +0.4% | -1.2% |
| 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 | 2025-07-30 | [Global stock index dips, dollar climbs as Fed's Powell holds off on Sept rate cut verdict](https://feedsoft.ai/events/23658-global-stock-index-dips-dollar-climbs-as-fed-s-powell-holds-off-on-sept-rate.md) | -0.0% | -0.4% |
| DXY | 2026-04-30 | [Dollar holds firm after Fed raises inflation alarm, yen slips past 160](https://feedsoft.ai/events/19916-dollar-holds-firm-after-fed-raises-inflation-alarm-yen-slips-past-160.md) | -0.8% | -0.1% |

## Sources

- vantagemarkets.com: https://www.vantagemarkets.com/market-analysis/why-us-dollar-index-slipped-december-hike-odds-rose-usdx-october-29-2026/

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