# USD: Guided by the Fed’s expectations - BBH — Octa

> The dollar fell sharply at the end of the week after Yellen and Draghi's Jackson Hole speeches did not address near-term monetary policy. Futures markets priced roughly a 35-40% chance of a Fed hike by year-end. The 10-year breakeven inflation rate fell to 1.75%.

- Date: 2017-08-29 · published 2017-08-29T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/69639-usd-guided-by-the-fed-s-expectations-bbh-octa
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A weaker dollar and softer rate expectations tend to support dollar-denominated feed commodity prices. The lower breakeven also signals less inflation pressure ahead.

## Read by commodity

- DXY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2023-03-31 | [AUD/USD stumbles on expectations for a Fed pivot after softer US inflation data — Octa](https://feedsoft.ai/events/37122-aud-usd-stumbles-on-expectations-for-a-fed-pivot-after-softer-us-inflation-data.md) | -0.1% | +0.0% |
| DXY | 2017-05-19 | [USD: Expect the strong trend to fade – Goldman Sachs — Octa](https://feedsoft.ai/events/71188-usd-expect-the-strong-trend-to-fade-goldman-sachs-octa.md) | -0.8% | -1.4% |
| DXY | 2025-06-30 | [USD/JPY hovers near 144.00, weighs down by growing expectations of Fed rate cuts](https://feedsoft.ai/events/24465-usd-jpy-hovers-near-144-00-weighs-down-by-growing-expectations-of-fed-rate-cuts.md) | -0.0% | +0.8% |
| DXY | 2023-01-11 | [Gold prices surge on expectations for slower Fed rate rises](https://feedsoft.ai/events/37704-gold-prices-surge-on-expectations-for-slower-fed-rate-rises.md) | -1.0% | -0.1% |
| DXY | 2017-07-31 | [USD: Tide of sentiment has turned against the dollar – BBH — Octa](https://feedsoft.ai/events/70150-usd-tide-of-sentiment-has-turned-against-the-dollar-bbh-octa.md) | +0.3% | -0.5% |

## Sources

- octaafrica.net: https://www.octaafrica.net/markets/news/view/483242/

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