# Dollar Rally Hinges on Fed Moves as Traders Eye Jobs Report Next - Bloomberg

> The US dollar gauge rose for a third straight week on expectations the Federal Reserve will raise its short-term rate target next month and adjust its longer-term rate forecast. Benchmark US yields have climbed to a 16-month high on the projected tightening.

- Date: 2016-11-26 · published 2016-11-26T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/74018-dollar-rally-hinges-on-fed-moves-as-traders-eye-jobs-report-next-bloomberg
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

A stronger dollar and higher US yields tend to weaken commodity prices priced in dollars and pressure emerging-market currencies, which can make US feed grains and meal less competitive abroad.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-06-18 | [Dollar Rally Extends as Fed Signals Rate Hike Likely in Coming Months - Bloomberg](https://feedsoft.ai/events/11989-dollar-rally-extends-as-fed-signals-rate-hike-likely-in-coming-months-bloomberg.md) | +1.4% | +1.0% |
| DXY | 2023-04-07 | [Dollar firms as US jobs report backs Fed hike in May \| Reuters](https://feedsoft.ai/events/36583-dollar-firms-as-us-jobs-report-backs-fed-hike-in-may-reuters.md) | -0.8% | -0.2% |
| DXY | 2022-01-17 | [Dollar edges up as traders assess Fed rate hike bets \| Reuters](https://feedsoft.ai/events/43326-dollar-edges-up-as-traders-assess-fed-rate-hike-bets-reuters.md) | +0.7% | +0.7% |
| DXY | 2019-08-20 | [Trade Angst, More Than a Reluctant Fed, Is Buoying Dollar - Bloomberg](https://feedsoft.ai/events/57759-trade-angst-more-than-a-reluctant-fed-is-buoying-dollar-bloomberg.md) | +0.2% | -0.3% |
| DXY | 2024-10-25 | [Dollar advances after data as eyes turn to jobs report \| Reuters](https://feedsoft.ai/events/28049-dollar-advances-after-data-as-eyes-turn-to-jobs-report-reuters.md) | +0.2% | +2.4% |
| CORN | 2022-09-26 | [Fed’s Trade-Weighted Dollar Gauge Eclipses High From March 2020 - Bloomberg](https://feedsoft.ai/events/10325-fed-s-trade-weighted-dollar-gauge-eclipses-high-from-march-2020-bloomberg.md) | -1.4% | +2.6% |
| CORN | 2024-04-16 | [USD Dollar Heads for Best Run in Year in Bet on Fed Delaying Cuts - Bloomberg](https://feedsoft.ai/events/12554-usd-dollar-heads-for-best-run-in-year-in-bet-on-fed-delaying-cuts-bloomberg.md) | -0.3% | +3.3% |
| CORN | 2026-02-11 | [Dollar rallies after blowout jobs data](https://feedsoft.ai/events/20854-dollar-rallies-after-blowout-jobs-data.md) | -0.5% | +1.7% |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2016-11-26/dollar-rally-hinges-on-fed-moves-as-traders-eye-jobs-report-next

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