# What bond and currency traders are looking for from Yellen’s Fed decision - MarketWatch

> Ahead of the Fed's December 13 meeting, bond and currency traders were pricing near certainty of a quarter-point rate hike. Attention centered on how the Fed would treat pending US tax reform and the leadership change from Janet Yellen to Jerome Powell.

- Date: 2017-12-13 · published 2017-12-13T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/67656-what-bond-and-currency-traders-are-looking-for-from-yellen-s-fed-decision
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Expectations for Fed policy and fiscal stimulus drive dollar and Treasury yield moves, which in turn affect the relative value of dollar-priced commodities and export competitiveness for feed inputs.

## Read by commodity

- DXY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2020-04-27 | [Yen in tight range before BOJ decision, markets await Fed and ECB \| 1330 & 101.5 WHBL](https://feedsoft.ai/events/53859-yen-in-tight-range-before-boj-decision-markets-await-fed-and-ecb-1330-and-101-5.md) | -0.8% | -1.5% |
| DXY | 2018-12-19 | [With a rate hike priced in, dollar traders wait for Fed’s 2019 guidance - MarketWatch](https://feedsoft.ai/events/61746-with-a-rate-hike-priced-in-dollar-traders-wait-for-fed-s-2019-guidance.md) | -0.3% | -1.6% |
| DXY | 2024-04-29 | [Market trades with caution ahead of US Fed rate decision this week](https://feedsoft.ai/events/31036-market-trades-with-caution-ahead-of-us-fed-rate-decision-this-week.md) | -0.7% | -1.1% |
| DXY | 2019-09-18 | [Volatility jump betrays rand traders’ nerves before Fed decision - Moneyweb](https://feedsoft.ai/events/57364-volatility-jump-betrays-rand-traders-nerves-before-fed-decision-moneyweb.md) | +0.2% | -0.3% |
| DXY | 2021-02-23 | [Dollar bounces off six-week low as traders prepare for Powell - Markets - Business Recorder](https://feedsoft.ai/events/10598-dollar-bounces-off-six-week-low-as-traders-prepare-for-powell-markets-business.md) | +0.5% | +1.0% |

## Sources

- marketwatch.com: https://www.marketwatch.com/story/what-bond-and-currency-traders-are-looking-for-from-yellens-fed-decision-2017-12-11

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