# Shocked by the Fed, USD price skyrockets for 5 weeks, gold price drops unstoppable

> The US dollar rose to a five-week high after the Federal Reserve signaled it was likely to raise interest rates in March and then reduce its asset holdings. Gold fell as the dollar strengthened, and the Dollar Index was around 96.6.

- Date: 2022-01-27 · published 2022-01-27T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/43428-shocked-by-the-fed-usd-price-skyrockets-for-5-weeks-gold-price-drops-unstoppable
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

A stronger dollar and expectations of tighter Fed policy make US commodities pricier for foreign buyers and can weigh on dollar-denominated grain and oilseed prices.

## Read by commodity

- DXY: bullish ▲
- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2022-11-04 | [Fed raises interest rates, USD price skyrockets, gold price plummets](https://feedsoft.ai/events/38983-fed-raises-interest-rates-usd-price-skyrockets-gold-price-plummets.md) | -2.7% | -4.3% |
| DXY | 2025-05-07 | [Gold price drops over 2% after Fed hold, US-China tariff talks boost US Dollar](https://feedsoft.ai/events/24581-gold-price-drops-over-2-after-fed-hold-us-china-tariff-talks-boost-us-dollar.md) | +0.8% | -0.8% |
| DXY | 2018-11-28 | [Gold markets: The Fed, dollar in focus](https://feedsoft.ai/events/61959-gold-markets-the-fed-dollar-in-focus.md) | -0.8% | -0.8% |
| DXY | 2019-08-01 | [Gold prices slip to two-week low as US Fed dashes hopes of more rate cuts](https://feedsoft.ai/events/57513-gold-prices-slip-to-two-week-low-as-us-fed-dashes-hopes-of-more-rate-cuts.md) | +1.1% | +2.1% |
| DXY | 2021-06-17 | [Global Stocks Tumble, Gold Slides After the Fed Meeting - Markets Insider](https://feedsoft.ai/events/12553-global-stocks-tumble-gold-slides-after-the-fed-meeting-markets-insider.md) | +1.1% | +1.7% |
| CORN | 2022-07-13 | [Corn prices fell 7.8%, pressured by a drop in the oil market and data from the USDA report 13.07.2022 - UkrAgroConsult](https://feedsoft.ai/events/6833-corn-prices-fell-7-8-pressured-by-a-drop-in-the-oil-market-and-data-from-the.md) | -11.6% | -12.4% |
| CORN | 2021-06-18 | [Explaining the volatile stock and bond market moves this week following the Fed's update](https://feedsoft.ai/events/5932-explaining-the-volatile-stock-and-bond-market-moves-this-week-following-the-fed.md) | +0.3% | -5.2% |
| CORN | 2020-02-28 | [Commodity weekly Gold shines as the clouds darken \| Saxo](https://feedsoft.ai/events/54506-commodity-weekly-gold-shines-as-the-clouds-darken-saxo.md) | +3.2% | -2.7% |

## Sources

- news.laodong.vn: https://news.laodong.vn/tien-te-dau-tu/tin-soc-tu-fed-gia-usd-vot-dinh-5-tuan-gia-vang-rot-khong-phanh-999208.ldo

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