# US Dollar: Strong view intact after FOMC hold – HSBC

> The Federal Reserve held rates at 3.75-4.00% in a 10-2 vote at its October 27-28 meeting, while signalling a December hike remains possible. HSBC maintains its strong USD view into 2027, expecting a volatile path.

- Date: 2026-11-02 · published 2026-11-02T21:10:00.261Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/75869-us-dollar-strong-view-intact-after-fomc-hold-hsbc
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A firmer dollar on the prospect of higher US rates tends to pressure dollar-priced commodities and weaken currencies of feed-importing emerging markets, raising their local costs for imported feed ingredients.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2020-01-20 | [Dollar holds firm after strong US data, Chinese yuan extends run](https://feedsoft.ai/events/7876-dollar-holds-firm-after-strong-us-data-chinese-yuan-extends-run.md) | +0.6% | +1.3% |
| DXY | 2021-09-16 | [Sterling slips versus stronger dollar after U.S. data beat](https://feedsoft.ai/events/45309-sterling-slips-versus-stronger-dollar-after-u-s-data-beat.md) | +0.6% | +1.1% |
| DXY | 2024-04-18 | [US dollar gains after strong data, Fed comments on rate cuts](https://feedsoft.ai/events/12555-us-dollar-gains-after-strong-data-fed-comments-on-rate-cuts.md) | -0.1% | -1.4% |
| DXY | 2023-06-01 | [Why is the US dollar so strong again?](https://feedsoft.ai/events/35846-why-is-the-us-dollar-so-strong-again.md) | -0.9% | -1.2% |
| DXY | 2025-03-26 | [US Dollar holds ground after mid-tier data](https://feedsoft.ai/events/25775-us-dollar-holds-ground-after-mid-tier-data.md) | +0.3% | -2.9% |

## Sources

- fxstreet.com: https://www.fxstreet.com/news/us-dollar-strong-view-intact-after-fomc-hold-hsbc-202611021304

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