# Dollar edges up as traders assess Fed rate hike bets | Reuters

> The dollar index edged up 0.1% to 95.323 on Monday as traders weighed Fed rate-hike pricing. Goldman Sachs noted that markets priced 3.7 hikes for 2022 and 2.3 for 2023, suggesting balanced risks to policy expectations.

- Date: 2022-01-17 · published 2022-01-17T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/43326-dollar-edges-up-as-traders-assess-fed-rate-hike-bets-reuters
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Expectations for Fed tightening underpin dollar strength, which influences the competitiveness of US feed commodity exports.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2018-06-13 | [Dollar mostly firmer as Fed sees more U.S. rate hikes \| Reuters](https://feedsoft.ai/events/64708-dollar-mostly-firmer-as-fed-sees-more-u-s-rate-hikes-reuters.md) | +1.3% | +0.6% |
| DXY | 2025-11-03 | [Dollar edges up as rate cut outlook remains clouded \| Reuters](https://feedsoft.ai/events/22150-dollar-edges-up-as-rate-cut-outlook-remains-clouded-reuters.md) | +0.0% | -0.2% |
| DXY | 2023-05-01 | [US dollar edges higher as GDP, jobless claims affirm rate hike bets](https://feedsoft.ai/events/36302-us-dollar-edges-higher-as-gdp-jobless-claims-affirm-rate-hike-bets.md) | -0.6% | +1.2% |
| DXY | 2022-06-14 | [Dollar index jumps to two-decade high as traders await Fed rate move \| Reuters](https://feedsoft.ai/events/7709-dollar-index-jumps-to-two-decade-high-as-traders-await-fed-rate-move-reuters.md) | -0.4% | +1.8% |
| DXY | 2022-10-28 | [Gold down 1% as dollar, yields rise on Fed rate-hike bets](https://feedsoft.ai/events/39036-gold-down-1-as-dollar-yields-rise-on-fed-rate-hike-bets.md) | +1.2% | -2.4% |
| EURUSD | 2023-01-23 | [Dollar edges lower vs euro on ECB rate hike bets \| Reuters](https://feedsoft.ai/events/37999-dollar-edges-lower-vs-euro-on-ecb-rate-hike-bets-reuters.md) | +0.2% | -1.4% |
| EURUSD | 2025-11-03 | [Dollar edges up as rate cut outlook remains clouded \| Reuters](https://feedsoft.ai/events/22150-dollar-edges-up-as-rate-cut-outlook-remains-clouded-reuters.md) | +0.3% | +0.5% |
| EURUSD | 2024-12-16 | [Dollar edges higher against major peers as investors eye Fed rate cut \| Reuters](https://feedsoft.ai/events/27178-dollar-edges-higher-against-major-peers-as-investors-eye-fed-rate-cut-reuters.md) | -0.6% | -2.0% |

## Sources

- reuters.com: https://www.reuters.com/markets/europe/dollar-finds-footing-traders-brace-hawkish-fed-2022-01-17/

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