# NZ dollar follows Wall Street, commodities higher as investors reassess US rate track | BusinessDesk

> The New Zealand dollar rose alongside Wall Street and the Thomson Reuters CRB index, which gained 0.5%, after Fed minutes suggested three rate hikes in 2018. Investors reassessed the US rate path.

- Date: 2018-02-22 · published 2018-02-22T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/66410-nz-dollar-follows-wall-street-commodities-higher-as-investors-reassess-us-rate
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Broad commodity index gains tied to rate expectations and dollar moves give modest support to commodity prices, with little direct feed impact.

## Read by commodity

- DXY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2023-08-28 | [US dollar eases versus euro as investors ponder Fed, ECB rate paths  - The Business Times](https://feedsoft.ai/events/34786-us-dollar-eases-versus-euro-as-investors-ponder-fed-ecb-rate-paths-the-business.md) | +0.2% | +1.3% |
| DXY | 2020-01-21 | [Weakening Dollar Good News For Commodities - Passport to Wall Street](https://feedsoft.ai/events/54999-weakening-dollar-good-news-for-commodities-passport-to-wall-street.md) | +0.6% | +1.3% |
| DXY | 2022-01-13 | [Australia, NZ dollars look to break higher as US$ retreats - Markets - Business Recorder](https://feedsoft.ai/events/43388-australia-nz-dollars-look-to-break-higher-as-us-retreats-markets-business.md) | +0.1% | +0.2% |
| DXY | 2017-05-22 | [Commodities Relief Rally As U.S. Dollar Breaks Down - InvestingHaven](https://feedsoft.ai/events/10222-commodities-relief-rally-as-u-s-dollar-breaks-down-investinghaven.md) | -0.2% | -0.8% |
| DXY | 2025-09-20 | [Wall Street eyeing one big trade after Fed rate cut: Commodities](https://feedsoft.ai/events/22761-wall-street-eyeing-one-big-trade-after-fed-rate-cut-commodities.md) | +0.5% | +0.7% |

## Sources

- businessdesk.co.nz: https://www.businessdesk.co.nz/news/nz-dollar-follows-wall-street-commodities-higher-as-investors-reassess-us-rate-track/6G5GZ3JG3ROCLNG7UGNBRHOR7E/

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