# G10 FX Outlook 2022: Mid-cycle dollar strength | articles | ING THINK

> ING's G10 FX outlook for 2022 expects the Fed to lead tightening and the dollar to perform well during Fed lift-off. The analysis notes output gaps have closed or are closing in major economies.

- Date: 2021-11-17 · published 2021-11-17T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/43960-g10-fx-outlook-2022-mid-cycle-dollar-strength-articles-ing-think
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A stronger dollar expected in 2022 would pressure dollar-priced feed commodities and raise import costs for buyers in other currencies.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2020-02-21 | [G10 FX Week Ahead: The dollar way or the highway \| articles \| ING THINK](https://feedsoft.ai/events/54808-g10-fx-week-ahead-the-dollar-way-or-the-highway-articles-ing-think.md) | +0.1% | +6.7% |
| DXY | 2023-11-03 | [FX: Dollar to defy seasonal trends \| articles \| ING THINK](https://feedsoft.ai/events/11460-fx-dollar-to-defy-seasonal-trends-articles-ing-think.md) | -0.6% | -2.0% |
| DXY | 2021-12-02 | [Our three FX calls for 2022 \| articles \| ING THINK](https://feedsoft.ai/events/43824-our-three-fx-calls-for-2022-articles-ing-think.md) | -0.4% | -0.5% |
| DXY | 2019-03-08 | [FX: Dollar against the low yielders \| articles \| ING THINK](https://feedsoft.ai/events/60268-fx-dollar-against-the-low-yielders-articles-ing-think.md) | -0.6% | -0.5% |
| DXY | 2023-09-28 | [FX Daily: Perfect storm drives dollar stronger still \| articles \| ING THINK](https://feedsoft.ai/events/34306-fx-daily-perfect-storm-drives-dollar-stronger-still-articles-ing-think.md) | +0.5% | +0.8% |

## Sources

- think.ing.com: https://think.ing.com/articles/g10-fx-outlook-2022-mid-cycle-dollar-strength/

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