# The charts that matter: Fed becomes more hawkish | MoneyWeek

> Gold rose and the US dollar index fell after the Fed announced it would end its Covid-era bond purchases by March and target three rate hikes in 2022. The yield on the 10-year US Treasury edged higher while the Japanese 10-year yield fell.

- Date: 2021-12-18 · published 2021-12-18T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/43492-the-charts-that-matter-fed-becomes-more-hawkish-moneyweek
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A softer dollar after a hawkish Fed signal can modestly support dollar-priced commodities, though the rate outlook still points to tighter financial conditions.

## Read by commodity

- DXY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2018-05-26 | [The charts that matter: the Fed hints at a more relaxed pace of rate hikes \| MoneyWeek](https://feedsoft.ai/events/64947-the-charts-that-matter-the-fed-hints-at-a-more-relaxed-pace-of-rate-hikes.md) | +0.2% | +1.5% |
| DXY | 2022-07-28 | [China’s yuan touches two-week high after Fed appears less hawkish than expected - Markets - Business Recorder](https://feedsoft.ai/events/40701-china-s-yuan-touches-two-week-high-after-fed-appears-less-hawkish-than-expected.md) | -0.3% | +0.2% |
| DXY | 2019-06-20 | [Dovish Fed Hits The US Dollar \| ECONOMETER](https://feedsoft.ai/events/58783-dovish-fed-hits-the-us-dollar-econometer.md) | -1.1% | -0.8% |
| DXY | 2022-12-15 | [Dollar falters as investors challenge Fed’s hawkishnes - Markets - Business Recorder](https://feedsoft.ai/events/38421-dollar-falters-as-investors-challenge-fed-s-hawkishnes-markets-business-recorder.md) | +0.4% | -2.2% |
| DXY | 2022-07-28 | [Dollar hits three-week low to yen as Fed’s Powell less hawkish than feared - Markets - Business Recorder](https://feedsoft.ai/events/40731-dollar-hits-three-week-low-to-yen-as-fed-s-powell-less-hawkish-than-feared.md) | -0.3% | +0.2% |

## Sources

- moneyweek.com: https://moneyweek.com/economy/604252/the-charts-that-matter

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