# Dollar gains, equity rally stalls as caution returns

> US Treasury yields eased after three days of gains as labor data showed a tight market ahead of a key inflation reading. Analysts said the Fed would not back off plans to speed up its bond-buying taper even if CPI came in below the expected 6.8%.

- Date: 2021-12-09 · published 2021-12-09T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/43794-dollar-gains-equity-rally-stalls-as-caution-returns
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Expectations of faster Fed tightening support the dollar and can weigh on dollar-priced commodities, though the inflation print could shift that outlook.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2018-12-01 | [Dollar recovers as G20 caution sets in](https://feedsoft.ai/events/62247-dollar-recovers-as-g20-caution-sets-in.md) | +0.2% | -0.6% |
| DXY | 2023-05-04 | [Dollar gains, euro dips after cautious ECB](https://feedsoft.ai/events/36157-dollar-gains-euro-dips-after-cautious-ecb.md) | -0.5% | +0.8% |
| DXY | 2022-07-06 | [Dollar gains, euro falls as energy drives currency swings](https://feedsoft.ai/events/10285-dollar-gains-euro-falls-as-energy-drives-currency-swings.md) | +0.7% | -0.5% |
| DXY | 2022-10-31 | [Dollar gains on Fed rate hike expectations](https://feedsoft.ai/events/39325-dollar-gains-on-fed-rate-hike-expectations.md) | -0.1% | -2.8% |
| DXY | 2024-01-30 | [Dollar gains as FOMC decision looms \| Convera](https://feedsoft.ai/events/32344-dollar-gains-as-fomc-decision-looms-convera.md) | +0.4% | +0.1% |

## Sources

- reuters.com: https://www.reuters.com/markets/europe/global-markets-wrapup-2-pix-2021-12-09/

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