# US Dollar outlook for 2022 | IG South Africa

> An IG analysis says US inflation has moved well above the Fed's 2% target, with PCE inflation at 5% year on year in October. It argues that persistent inflation has removed the case for calling price pressures transitory and supports tighter policy.

- Date: 2021-12-07 · published 2021-12-07T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/43494-us-dollar-outlook-for-2022-ig-south-africa
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Persistent inflation and a tightening Fed generally support a stronger dollar, which can pressure dollar-denominated feed commodity prices.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2023-02-23 | [Is There a New Trend for USD? \| IG South Africa](https://feedsoft.ai/events/37594-is-there-a-new-trend-for-usd-ig-south-africa.md) | -0.2% | -0.2% |
| DXY | 2024-12-13 | [Dollar set for best week in a month on cautious Fed outlook for 2025](https://feedsoft.ai/events/27205-dollar-set-for-best-week-in-a-month-on-cautious-fed-outlook-for-2025.md) | +1.3% | +2.4% |
| DXY | 2021-11-17 | [G10 FX Outlook 2022: Mid-cycle dollar strength \| articles \| ING THINK](https://feedsoft.ai/events/43960-g10-fx-outlook-2022-mid-cycle-dollar-strength-articles-ing-think.md) | +0.8% | +1.1% |
| DXY | 2025-10-21 | [South African rand falls on stronger dollar \| Reuters](https://feedsoft.ai/events/22706-south-african-rand-falls-on-stronger-dollar-reuters.md) | +0.1% | +0.5% |
| DXY | 2018-04-26 | [South African Rand on Course for Four-year Highs Once US Dollar and Bond Yields Settle Down](https://feedsoft.ai/events/65805-south-african-rand-on-course-for-four-year-highs-once-us-dollar-and-bond-yields.md) | +0.7% | +2.1% |

## Sources

- ig.com: https://www.ig.com/za/news-and-trade-ideas/us-dollar-outlook-for-2022-211207

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