# US dollar: New upside risks building up amid Omicron covid, Fed’s hawkish tilt – Goldman Sachs — Octa

> Goldman Sachs now expects the Fed to accelerate tapering to finish in mid-March and to deliver three 25bp rate hikes in 2022. It also flags Omicron-related global growth risks that could lift the dollar as a safe haven.

- Date: 2021-12-03 · published 2021-12-03T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/43792-us-dollar-new-upside-risks-building-up-amid-omicron-covid-fed-s-hawkish-tilt
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A faster Fed tightening path and safe-haven demand would support the dollar and could weigh on US commodity export prices and dollar-based feed ingredient values.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-09-23 | [Gold, silver slammed as hawkish Fed repricing reignites dollar upside](https://feedsoft.ai/events/17389-gold-silver-slammed-as-hawkish-fed-repricing-reignites-dollar-upside.md) | +1.2% | +1.5% |
| DXY | 2016-12-29 | [Stay both commodity and dollar bullish in 2017 – Goldman Sachs — Octa](https://feedsoft.ai/events/73389-stay-both-commodity-and-dollar-bullish-in-2017-goldman-sachs-octa.md) | -1.0% | -2.1% |
| DXY | 2026-06-19 | [Euro steadies as the US Dollar eases, but hawkish Fed bets limit upside](https://feedsoft.ai/events/11518-euro-steadies-as-the-us-dollar-eases-but-hawkish-fed-bets-limit-upside.md) | +0.4% | +0.1% |
| DXY | 2022-09-15 | [Is the US Dollar Too Strong? \| Goldman Sachs](https://feedsoft.ai/events/39759-is-the-us-dollar-too-strong-goldman-sachs.md) | +1.0% | +2.6% |
| DXY | 2026-06-18 | [Dollar Rallies on Fed’s Hawkish Hold; BoE Awaited \| Investing.com](https://feedsoft.ai/events/19063-dollar-rallies-on-fed-s-hawkish-hold-boe-awaited-investing-com.md) | +1.4% | +1.0% |

## Sources

- octabroker.com: https://www.octabroker.com/markets/news/view/940137/

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