# Dollar, June Rate-Hike Odds Soar | Investing.com AU

> Fed funds futures priced a 93% chance of a June rate hike after the FOMC statement, up from 69% the previous day. The dollar strengthened against other currencies, and the Australian dollar fell over 1% as gold, iron ore and copper slid.

- Date: 2017-05-03 · published 2017-05-03T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/70921-dollar-june-rate-hike-odds-soar-investing-com-au
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Rising June hike odds lift the dollar and pressure commodity currencies and commodity prices, which can soften export values for US grains and oilseeds.

## Read by commodity

- DXY: bullish ▲
- SOY: bearish ▼
- AUDUSD: bearish ▼

## 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 | 2026-09-29 | [Fed Rate Hike Bets and US Bond Rout Bolster the Dollar, Hurt Equities and Gold \| Investing.com](https://feedsoft.ai/events/17391-fed-rate-hike-bets-and-us-bond-rout-bolster-the-dollar-hurt-equities-and-gold.md) | +0.5% | +0.8% |
| 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 | 2022-08-29 | [Stocks And Bonds Sell Off, While The Dollar Rallies \| Investing.com](https://feedsoft.ai/events/40299-stocks-and-bonds-sell-off-while-the-dollar-rallies-investing-com.md) | +0.6% | +4.4% |
| 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% |
| SOY | 2021-06-16 | [Dollar jumps after Fed pulls interest rate hikes into 2023 \| Reuters](https://feedsoft.ai/events/5929-dollar-jumps-after-fed-pulls-interest-rate-hikes-into-2023-reuters.md) | -4.9% | +0.1% |
| SOY | 2016-12-14 | [U.S. bond yields, dollar gain, stocks fall after Fed rate hike](https://feedsoft.ai/events/73367-u-s-bond-yields-dollar-gain-stocks-fall-after-fed-rate-hike.md) | -2.2% | +0.4% |
| SOY | 2021-06-17 | [Dollar surges to two-month high on Fed rate-hike projection](https://feedsoft.ai/events/5930-dollar-surges-to-two-month-high-on-fed-rate-hike-projection.md) | -4.4% | -0.1% |

## Sources

- au.investing.com: https://au.investing.com/analysis/dollar,-june-rate-hike-odds-soar-200186710

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