# USD performance surrounding Fed hikes has been fairly consistent – Wells Fargo — Octa

> Wells Fargo analysts report that the dollar has tended to strengthen before Fed rate hikes and soften afterward during this tightening cycle. Emerging currencies have outperformed G10 currencies after the two most recent hikes. The analysts still expect the dollar to resume its strengthening trend over the medium term.

- Date: 2017-04-12 · published 2017-04-12T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/71686-usd-performance-surrounding-fed-hikes-has-been-fairly-consistent-wells-fargo
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A medium-term dollar rebound would pressure dollar-priced commodities, but the timing and extent of the move remain uncertain.

## Read by commodity

- DXY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2017-04-11 | [Geopolitics & Cahir Yellen translating into two-way USD performance - ING — Octa](https://feedsoft.ai/events/71720-geopolitics-and-cahir-yellen-translating-into-two-way-usd-performance-ing-octa.md) | -0.7% | -0.0% |
| DXY | 2020-05-19 | [USD/JPY: Bulls in control again, correction recent pressures — Octa](https://feedsoft.ai/events/53375-usd-jpy-bulls-in-control-again-correction-recent-pressures-octa.md) | -1.1% | -2.6% |
| DXY | 2020-01-31 | [Can the Fed heavily pressure the USD? – Rabobank — Octa](https://feedsoft.ai/events/55001-can-the-fed-heavily-pressure-the-usd-rabobank-octa.md) | +0.3% | +1.6% |
| DXY | 2020-11-30 | [USD/JPY keeps recent gains around 104.50 as Powell, Mnuchin flash mixed signals — Octa](https://feedsoft.ai/events/50380-usd-jpy-keeps-recent-gains-around-104-50-as-powell-mnuchin-flash-mixed-signals.md) | -1.2% | -1.5% |
| DXY | 2025-07-30 | [USD: Fed set to leave all options open – MUFG — Octa](https://feedsoft.ai/events/23957-usd-fed-set-to-leave-all-options-open-mufg-octa.md) | -0.0% | -0.4% |

## Sources

- octaafrica.net: https://www.octaafrica.net/markets/news/view/430402/

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