# A crucial Fed meeting for the dollar | articles | ING THINK

> ING's preview of the September FOMC meeting says the dollar may see a 'buy the rumour, sell the fact' reaction to the expected 25 basis point hike to 2.25%. Analysts will watch whether the Fed drops 'accommodative' from its statement and what the new 2021 dot signals about the end of tightening.

- Date: 2018-09-26 · published 2018-09-26T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/63240-a-crucial-fed-meeting-for-the-dollar-articles-ing-think
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

The Fed's signals on how far rates will rise shape the dollar's direction, which affects the relative cost of US feed commodities for overseas buyers. A dovish surprise could ease dollar strength.

## Read by commodity

- DXY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2021-01-28 | [FX: Challenging our bearish dollar forecast \| articles \| ING THINK](https://feedsoft.ai/events/49343-fx-challenging-our-bearish-dollar-forecast-articles-ing-think.md) | +0.2% | -0.1% |
| DXY | 2019-06-07 | [Fed easing and the dollar: Necessary, but not sufficient \| articles \| ING THINK](https://feedsoft.ai/events/58788-fed-easing-and-the-dollar-necessary-but-not-sufficient-articles-ing-think.md) | -0.3% | -0.7% |
| DXY | 2018-07-11 | [JPY: Why the yen’s at a crossroads \| articles \| ING THINK](https://feedsoft.ai/events/64287-jpy-why-the-yen-s-at-a-crossroads-articles-ing-think.md) | +0.5% | +0.4% |
| DXY | 2023-11-30 | [FX Daily: Dollar rebound increasingly hinges on activity data \| articles \| ING THINK](https://feedsoft.ai/events/33381-fx-daily-dollar-rebound-increasingly-hinges-on-activity-data-articles-ing-think.md) | +0.6% | -1.2% |
| DXY | 2019-10-28 | [Dollar supported before Fed meeting, Brexit delay in focus - The HinduBusinessLine](https://feedsoft.ai/events/56780-dollar-supported-before-fed-meeting-brexit-delay-in-focus-the-hindubusinessline.md) | -0.3% | +0.8% |

## Sources

- think.ing.com: https://think.ing.com/articles/usd-a-crucial-fed-meeting/

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