# U.S. dollar gains as risk tolerance drops with hawkish central banks | Reuters

> The dollar rose on Dec 16 in choppy trading after a sharp gain the previous session, as risk appetite soured. New York Fed President John Williams said the Fed could raise rates more than it expects next year, and the Fed's projected peak rate is 5.1%. The index has risen about 9% this year.

- Date: 2022-12-16 · published 2022-12-16T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/38416-u-s-dollar-gains-as-risk-tolerance-drops-with-hawkish-central-banks-reuters
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A firmer dollar makes US-priced feed ingredients more expensive for importers and can weigh on export demand. Expectations of higher rates support the dollar and pressure commodity prices broadly.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2022-11-17 | [Dollar rises with bets on hawkish Fed; sterling drops \| Reuters](https://feedsoft.ai/events/38594-dollar-rises-with-bets-on-hawkish-fed-sterling-drops-reuters.md) | +0.4% | -0.6% |
| DXY | 2024-09-30 | [Dollar gains as Fed's Powell adopts hawkish tone on economy \| Reuters](https://feedsoft.ai/events/28504-dollar-gains-as-fed-s-powell-adopts-hawkish-tone-on-economy-reuters.md) | +0.9% | +3.1% |
| DXY | 2026-05-01 | [Dollar gains as Iran war keeps central banks in wait-and-see mode](https://feedsoft.ai/events/19919-dollar-gains-as-iran-war-keeps-central-banks-in-wait-and-see-mode.md) | -0.6% | +0.2% |
| DXY | 2023-09-28 | [Strong US Dollar Has Southeast Asia Central Banks Defending FX With New Tools - Bloomberg](https://feedsoft.ai/events/34423-strong-us-dollar-has-southeast-asia-central-banks-defending-fx-with-new-tools.md) | +0.5% | +0.8% |
| DXY | 2022-08-31 | [Rand weakens against strong dollar as investors digest Fed’s hawkish stance](https://feedsoft.ai/events/40327-rand-weakens-against-strong-dollar-as-investors-digest-fed-s-hawkish-stance.md) | +0.9% | +3.6% |

## Sources

- reuters.com: https://www.reuters.com/markets/currencies/dollar-stands-tall-hawkish-ecb-fans-downturn-fears-2022-12-16/

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