# Dollar gains on euro woes, Fed rate outlook

> The dollar index rose to a two-week high against a basket of currencies on Friday, led by gains against the euro. Concerns over Italy's budget weighed on the euro, and the dollar also hit a nine-month high against the yen. The index was on track for a second straight quarterly gain of about 0.7%.

- Date: 2018-09-28 · published 2018-09-28T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/63239-dollar-gains-on-euro-woes-fed-rate-outlook
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

A stronger dollar makes US commodity exports pricier for foreign buyers and tends to pressure dollar-denominated grain and feed prices. Feed buyers in euro and yen markets face higher import costs.

## Read by commodity

- DXY: bullish ▲
- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2018-09-27 | [Dollar rises on Fed rate outlook; euro falls on Italian budget woes](https://feedsoft.ai/events/63247-dollar-rises-on-fed-rate-outlook-euro-falls-on-italian-budget-woes.md) | +0.4% | +1.6% |
| 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 | 2016-12-15 | [Dollar, bond yields advance on Fed rate outlook](https://feedsoft.ai/events/6462-dollar-bond-yields-advance-on-fed-rate-outlook.md) | +1.6% | +1.1% |
| DXY | 2025-11-03 | [Dollar edges up as rate cut outlook remains clouded \| Reuters](https://feedsoft.ai/events/22150-dollar-edges-up-as-rate-cut-outlook-remains-clouded-reuters.md) | +0.0% | -0.2% |
| DXY | 2026-03-30 | [Dollar rebounds as shale 'isolates' US but Fed outlook clouds gains](https://feedsoft.ai/events/20353-dollar-rebounds-as-shale-isolates-us-but-fed-outlook-clouds-gains.md) | -0.2% | -1.8% |
| EURUSD | 2018-09-27 | [Dollar rises on Fed rate outlook; euro falls on Italian budget woes](https://feedsoft.ai/events/63247-dollar-rises-on-fed-rate-outlook-euro-falls-on-italian-budget-woes.md) | -2.0% | -3.3% |
| EURUSD | 2016-12-15 | [Dollar, bond yields advance on Fed rate outlook](https://feedsoft.ai/events/6462-dollar-bond-yields-advance-on-fed-rate-outlook.md) | -2.2% | -0.3% |
| EURUSD | 2025-11-03 | [Dollar edges up as rate cut outlook remains clouded \| Reuters](https://feedsoft.ai/events/22150-dollar-edges-up-as-rate-cut-outlook-remains-clouded-reuters.md) | +0.3% | +0.5% |

## Sources

- reuters.com: https://www.reuters.com/article/us-global-forex/dollar-holds-firm-after-upbeat-data-hovers-near-9-mth-high-vs-yen-idUSKCN1M801N/?feedName=businessNews&feedType=RSS

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