# Fed Likely On Hold, But What About U.S. Dollar? | Investing.com Canada

> Markets expect the Fed to hold rates at its May 2 meeting but to raise them in June, with futures pricing a near-certain June hike. Equities were mixed in Asia and Europe, and the dollar was under pressure against the yen while US Treasury yields approached 3%.

- Date: 2018-05-02 · published 2018-05-02T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/64950-fed-likely-on-hold-but-what-about-u-s-dollar-investing-com-canada
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Expected tightening and a firmer dollar tend to pressure dollar-priced grains and oilseeds, while higher yields raise carrying costs for inventories.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-06-18 | [Dollar Rallies on Fed’s Hawkish Hold; BoE Awaited \| Investing.com](https://feedsoft.ai/events/19063-dollar-rallies-on-fed-s-hawkish-hold-boe-awaited-investing-com.md) | +1.4% | +1.0% |
| DXY | 2026-09-17 | [Fed Delivers Hawkish Hike, Dollar Rallies but Gold Recovers \| Investing.com](https://feedsoft.ai/events/17386-fed-delivers-hawkish-hike-dollar-rallies-but-gold-recovers-investing-com.md) | +1.0% | +2.2% |
| DXY | 2026-06-18 | [Fed Holds Rates, New Chair Leans Hawkish, Gold Down but Not Out \| Investing.com](https://feedsoft.ai/events/18709-fed-holds-rates-new-chair-leans-hawkish-gold-down-but-not-out-investing-com.md) | +1.4% | +1.0% |
| DXY | 2017-06-14 | [Dollar U-Turns On Hawkish Yellen \| Investing.com ZA](https://feedsoft.ai/events/10200-dollar-u-turns-on-hawkish-yellen-investing-com-za.md) | +0.6% | -0.9% |
| DXY | 2021-03-04 | [U.S. Dollar Soars As Powell Expresses Little Concern About Inflation, Rates \| Investing.com](https://feedsoft.ai/events/10064-u-s-dollar-soars-as-powell-expresses-little-concern-about-inflation-rates.md) | +0.7% | +0.9% |

## Sources

- ca.investing.com: https://ca.investing.com/analysis/fed-likely-on-hold-but-what-about-us-dollar-200197012

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