# Dollar rebounds as Fed officials say hikes to continue; yen slumps - Markets - Business Recorder

> The US dollar climbed against the yen and held firm against other majors after Fed officials said rates must keep rising, though possibly at a slower pace. The dollar index was near 107.00 after a 3.9% fall the prior week. Markets priced an 89% chance the Fed would slow to a half-point hike in December.

- Date: 2022-11-15 · published 2022-11-15T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/38941-dollar-rebounds-as-fed-officials-say-hikes-to-continue-yen-slumps-markets
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

A firmer dollar makes dollar-priced grains, oilseeds and feed ingredients more expensive for non-US buyers, which can weigh on export demand. The rebound follows the sharp fall triggered by inflation data.

## Read by commodity

- DXY: bullish ▲
- USDJPY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2024-05-08 | [China’s yuan slips as hawkish Fed comments boost dollar - Markets - Business Recorder](https://feedsoft.ai/events/5869-china-s-yuan-slips-as-hawkish-fed-comments-boost-dollar-markets-business.md) | -0.1% | +0.4% |
| DXY | 2025-09-26 | [Dollar holds gains as attention turns to spending data for Fed clues - Markets - Business Recorder](https://feedsoft.ai/events/23082-dollar-holds-gains-as-attention-turns-to-spending-data-for-fed-clues-markets.md) | -0.1% | +0.3% |
| DXY | 2024-11-21 | [Dollar pulls ahead as markets focus on Trump policies, Fed outlook - Markets - Business Recorder](https://feedsoft.ai/events/27609-dollar-pulls-ahead-as-markets-focus-on-trump-policies-fed-outlook-markets.md) | -0.0% | +1.4% |
| DXY | 2022-07-28 | [Dollar rebounds as traders wrestle with US rate view - Markets - Business Recorder](https://feedsoft.ai/events/40680-dollar-rebounds-as-traders-wrestle-with-us-rate-view-markets-business-recorder.md) | -0.3% | +0.2% |
| DXY | 2021-01-11 | [China's yuan eases to 1-week low to reflect dollar rebound - Markets - Business Recorder](https://feedsoft.ai/events/49365-china-s-yuan-eases-to-1-week-low-to-reflect-dollar-rebound-markets-business.md) | +0.2% | +0.4% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40208860

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