# US dollar falls after recent highs - Business & Finance - Business Recorder

> The US dollar index fell 0.3% to 96.871 on Monday as investors consolidated after a rally to a 1.5-year high on Friday. Markets expected as many as five Fed rate hikes this year, with a possible 50-basis-point move in March.

- Date: 2022-01-31 · published 2022-01-31T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/43325-us-dollar-falls-after-recent-highs-business-and-finance-business-recorder
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A pause in dollar strength modestly eases pressure on US export prices for feed commodities, though the rate-hike outlook keeps the dollar supported.

## Read by commodity

- DXY: bearish ▼

## Sources

- brecorder.com: https://www.brecorder.com/news/40151155

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