# Dollar pressures industrial metals after Fed's decision

> Copper and other industrial metals fell as the dollar strengthened following the Fed's 50-basis-point hike to 1%. The Fed also announced plans to shrink its balance sheet, which will accelerate to $95 billion a month in about three months.

- Date: 2022-05-05 · published 2022-05-05T12:00:00.000Z
- Category: macro · region Global · magnitude medium
- Page: https://feedsoft.ai/events/41315-dollar-pressures-industrial-metals-after-fed-s-decision
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A stronger dollar and tighter liquidity weigh on dollar-denominated commodity prices, which can reduce the attractiveness of commodity-linked assets and inputs.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2022-01-26 | [Dollar rises to five-week high after Fed policy decision \| Reuters](https://feedsoft.ai/events/12221-dollar-rises-to-five-week-high-after-fed-policy-decision-reuters.md) | +0.2% | -0.4% |
| DXY | 2021-05-12 | [Eurodollar futures price in Fed hike by December 2022 after inflation spike](https://feedsoft.ai/events/47286-eurodollar-futures-price-in-fed-hike-by-december-2022-after-inflation-spike.md) | -0.1% | -0.3% |
| DXY | 2024-11-22 | [International corn market pressured by strong dollar](https://feedsoft.ai/events/6063-international-corn-market-pressured-by-strong-dollar.md) | -0.4% | +0.6% |
| DXY | 2019-07-29 | [Ringgit falls on stronger dollar direction, markets await Fed decision](https://feedsoft.ai/events/58342-ringgit-falls-on-stronger-dollar-direction-markets-await-fed-decision.md) | +0.6% | +1.5% |
| DXY | 2019-09-20 | [Ringgit under pressure from dollar strength and divided Fed](https://feedsoft.ai/events/57341-ringgit-under-pressure-from-dollar-strength-and-divided-fed.md) | +0.5% | -0.8% |

## Sources

- economies.com: https://www.economies.com/commodities/copper-news/dollar-pressures-industrial-metals-after-feds-decision-41047

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