# Dollar slips ahead of widely expected Fed rate hike

> The dollar was slightly weaker ahead of a Federal Reserve meeting widely expected to deliver a rate hike. Investors had already priced in two more hikes this year and some in 2019, and the dollar had fallen 3.1% against a basket of currencies since mid-August. The dollar index traded near 94.12.

- Date: 2018-09-25 · published 2018-09-25T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/63243-dollar-slips-ahead-of-widely-expected-fed-rate-hike
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

With the hike fully priced in, the dollar's direction hinges on Fed guidance and dot-plot changes, which can move the USD and therefore dollar-denominated feed commodity prices. Little immediate directional pressure is evident.

## Read by commodity

- DXY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2017-06-14 | [Stocks fall, dollar pares losses after Fed forges ahead with rate hike - Financial Post](https://feedsoft.ai/events/10199-stocks-fall-dollar-pares-losses-after-fed-forges-ahead-with-rate-hike-financial.md) | +0.6% | -0.9% |
| DXY | 2025-10-29 | [US Dollar Index roils after Fed delivers expected interest rate moves](https://feedsoft.ai/events/22617-us-dollar-index-roils-after-fed-delivers-expected-interest-rate-moves.md) | +1.0% | +0.5% |
| DXY | 2019-06-17 | [Forex Market: Dollar steady ahead of Fed meeting; low chances of June rate cut](https://feedsoft.ai/events/58784-forex-market-dollar-steady-ahead-of-fed-meeting-low-chances-of-june-rate-cut.md) | -0.9% | -1.1% |
| DXY | 2023-09-21 | [Dollar eases after Fed-spurred rise, yen stronger ahead of BOJ](https://feedsoft.ai/events/34309-dollar-eases-after-fed-spurred-rise-yen-stronger-ahead-of-boj.md) | +1.7% | +2.3% |
| DXY | 2025-11-21 | [Dollar slips against yen but heads for broad weekly rise \| Reuters](https://feedsoft.ai/events/22143-dollar-slips-against-yen-but-heads-for-broad-weekly-rise-reuters.md) | -0.5% | -1.3% |

## Sources

- cnbc.com: https://www.cnbc.com/2018/09/25/forex-markets-dollar-fed-us-china-trade-war-in-focus.html

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