# Dollar Climbs to the Highest Level of the Year, FED Action Would Dictate Movement Furthur - KAOHOON INTERNATIONAL

> The US dollar index rose to a 2021 high of about 95.07 on November 11, 2021, driven by hot US inflation and expectations of Fed rate hikes. The baht weakened to about 32.9 per dollar.

- Date: 2021-11-11 · published 2021-11-11T12:00:00.000Z
- Category: macro · region Global · magnitude medium
- Page: https://feedsoft.ai/events/44315-dollar-climbs-to-the-highest-level-of-the-year-fed-action-would-dictate
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

A stronger dollar raises the local-currency cost of dollar-priced grain and oilseed imports, which can soften import demand and weigh on US export prices. Its effect is broad rather than tied to one commodity.

## Read by commodity

- DXY: bullish ▲
- USDTHB: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2024-01-04 | [Dollar climbs to two-month high against dong - VnExpress International](https://feedsoft.ai/events/32423-dollar-climbs-to-two-month-high-against-dong-vnexpress-international.md) | +0.1% | +0.5% |
| DXY | 2025-01-13 | [The US dollar is at its highest level in two years.](https://feedsoft.ai/events/26839-the-us-dollar-is-at-its-highest-level-in-two-years.md) | -0.3% | -0.9% |
| DXY | 2024-05-23 | [USD: Fed minutes boost the dollar \| IG International](https://feedsoft.ai/events/30147-usd-fed-minutes-boost-the-dollar-ig-international.md) | +0.3% | +2.1% |
| DXY | 2023-01-01 | [Fed raises interest rates half a point to highest level in 15 years](https://feedsoft.ai/events/38155-fed-raises-interest-rates-half-a-point-to-highest-level-in-15-years.md) | -1.0% | -2.0% |
| DXY | 2025-11-19 | [Dollar rises in the Brazilian market following international movement \| Brasil 247](https://feedsoft.ai/events/22163-dollar-rises-in-the-brazilian-market-following-international-movement-brasil-247.md) | +0.3% | -0.9% |

## Sources

- kaohooninternational.com: https://www.kaohooninternational.com/markets/493059

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