# Dollar strengthens as US Fed expected to stay hawkish; yen fragile | International News Others - Business Standard

> The dollar firmed in early Asian trade after strong US consumer spending data showed persistent underlying inflation, reducing bets on an imminent Fed slowdown. Against the yen the greenback rose 0.44% to 148.08, helped by the Bank of Japan keeping ultra-low rates and Governor Kuroda's dovish comments.

- Date: 2022-10-31 · published 2022-10-31T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/39323-dollar-strengthens-as-us-fed-expected-to-stay-hawkish-yen-fragile-international
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Expectations of a further 75bp Fed hike support a stronger dollar, which pressures dollar-denominated commodity prices and weakens import-currency demand for US feed ingredients.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2018-06-29 | [Dollar squeeze coming? Don't take your eyes off Asia's politicians \| INTERNATIONAL ECONOMY NEWS - Business Standard](https://feedsoft.ai/events/64770-dollar-squeeze-coming-don-t-take-your-eyes-off-asia-s-politicians-international.md) | -1.1% | -0.9% |
| DXY | 2026-06-24 | [US dollar strengthens to 13-month high on Fed rate hike expectations \| Reuters](https://feedsoft.ai/events/11985-us-dollar-strengthens-to-13-month-high-on-fed-rate-hike-expectations-reuters.md) | -0.1% | -0.4% |
| DXY | 2019-05-23 | [Trade tensions are starting to pull foreign-exchange markets into the arena \| INTERNATIONAL MARKET NEWS - Business Standard](https://feedsoft.ai/events/59285-trade-tensions-are-starting-to-pull-foreign-exchange-markets-into-the-arena.md) | +0.1% | -1.2% |
| DXY | 2018-10-03 | [US dollar strengthens after Fed comments - The Business Times](https://feedsoft.ai/events/62721-us-dollar-strengthens-after-fed-comments-the-business-times.md) | +0.6% | +2.3% |
| DXY | 2026-04-29 | [Dollar strengthens against dong - VnExpress International](https://feedsoft.ai/events/20014-dollar-strengthens-against-dong-vnexpress-international.md) | -0.1% | +0.3% |

## Sources

- business-standard.com: https://www.business-standard.com/article/international/dollar-strengthens-as-us-fed-expected-to-stay-hawkish-yen-fragile-122103100093_1.html

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