# FX Daily: Risk Assets Warmly Greet Fed Tightening | Investing.com

> ING notes that equity markets reacted positively to the Fed's first tightening move, with the S&P 500 closing 2.2% higher. The bank expects further tightening and favors continued dollar strength against low-yielding and commodity currencies.

- Date: 2022-03-17 · published 2022-03-17T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/42204-fx-daily-risk-assets-warmly-greet-fed-tightening-investing-com
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Expectations of further US hikes and dollar strength could weigh on commodity-exporting currencies and make dollar-priced commodities more expensive for foreign buyers.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2021-12-15 | [FX Daily: "Unhealthy" Price Action \| Investing.com](https://feedsoft.ai/events/43826-fx-daily-unhealthy-price-action-investing-com.md) | -0.1% | -1.8% |
| DXY | 2024-05-29 | [FX Daily: Australian inflation weighs on risk assets \| articles \| ING THINK](https://feedsoft.ai/events/30530-fx-daily-australian-inflation-weighs-on-risk-assets-articles-ing-think.md) | +1.1% | +2.3% |
| DXY | 2021-04-11 | [Week Ahead: Fed’s Inflation Calm Is About To Get Tested \| Investing.com](https://feedsoft.ai/events/47862-week-ahead-fed-s-inflation-calm-is-about-to-get-tested-investing-com.md) | -0.6% | -1.9% |
| DXY | 2021-06-17 | [FX Daily: The Fed disrupting the calm \| articles \| ING THINK](https://feedsoft.ai/events/6129-fx-daily-the-fed-disrupting-the-calm-articles-ing-think.md) | +1.1% | +1.7% |
| DXY | 2026-04-29 | [Gold adds slightly to losses after Fed holds rates steady, but sees four dissents By Investing.com](https://feedsoft.ai/events/19645-gold-adds-slightly-to-losses-after-fed-holds-rates-steady-but-sees-four.md) | -0.1% | +0.3% |

## Sources

- investing.com: https://www.investing.com/analysis/fx-daily-risk-assets-warmly-greet-fed-tightening-200620246

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