# Half of Commodities in the Red for 2022 as King Dollar Rears Head Again | Investing.com

> Seventeen of the 34 commodities tracked by Investing.com were down for 2022 as of early December. The U.S. dollar index rose about 10.4% on the year to 105.5 as traders bet the Fed could turn hawkish again in 2023. Strong U.S. manufacturing and services data fueled the dollar rally.

- Date: 2022-12-07 · published 2022-12-07T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/38163-half-of-commodities-in-the-red-for-2022-as-king-dollar-rears-head-again
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A firmer dollar pressures dollar-denominated commodity prices and makes U.S. exports less competitive. The story is a year-to-date review tied to currency moves.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2017-02-17 | [Dollar Advances As Stocks Decline With Commodities \| Investors King](https://feedsoft.ai/events/72396-dollar-advances-as-stocks-decline-with-commodities-investors-king.md) | -0.2% | -0.6% |
| DXY | 2017-10-31 | [Forex - Dollar Rebounds In Asia Ahead of Bank of Japan Review By Investing.com](https://feedsoft.ai/events/68687-forex-dollar-rebounds-in-asia-ahead-of-bank-of-japan-review-by-investing-com.md) | -0.2% | -1.4% |
| DXY | 2022-05-08 | [U.S. Dollar Vs. Commodities: Correlation Confusion \| Investing.com](https://feedsoft.ai/events/41311-u-s-dollar-vs-commodities-correlation-confusion-investing-com.md) | +0.8% | -1.3% |
| DXY | 2022-09-27 | [Dollar rally, recession fears wreak havoc on commodities](https://feedsoft.ai/events/11908-dollar-rally-recession-fears-wreak-havoc-on-commodities.md) | -1.1% | -0.8% |
| DXY | 2022-08-29 | [Stocks And Bonds Sell Off, While The Dollar Rallies \| Investing.com](https://feedsoft.ai/events/40299-stocks-and-bonds-sell-off-while-the-dollar-rallies-investing-com.md) | +0.6% | +4.4% |

## Sources

- investing.com: https://www.investing.com/analysis/half-of-commodities-in-the-red-for-2022-as-king-dollar-rears-head-again-200633225

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