# Fed Officials Take the Stage as the Dollar's Decisive Week Begins

> The dollar index held near 102 ahead of Fed officials' speeches and the October jobs report. Markets price about a 75% chance of a December rate hike, and oil fell on Trump's willingness to give Iran diplomacy more time.

- Date: 2026-11-02 · published 2026-11-02T21:14:38.008Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/75999-fed-officials-take-the-stage-as-the-dollar-s-decisive-week-begins
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Expectations of Fed tightening support the dollar, which can pressure dollar-priced grain and meal, while lower oil reduces energy-linked costs.

## Read by commodity

- DXY: bullish ▲
- WTI: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2017-06-20 | [Baht weakens against dollar after Fed official’s comments - ThaiResidents.com - Thai Local News - Thai News](https://feedsoft.ai/events/70786-baht-weakens-against-dollar-after-fed-official-s-comments-thairesidents-com.md) | +0.0% | -2.1% |
| DXY | 2024-05-21 | [FOREX Dollar firm as Fed officials urge patience on rate cuts](https://feedsoft.ai/events/30472-forex-dollar-firm-as-fed-officials-urge-patience-on-rate-cuts.md) | +0.2% | +2.3% |
| DXY | 2020-03-20 | [Dollar strengthens, set for best week since the financial crisis](https://feedsoft.ai/events/6277-dollar-strengthens-set-for-best-week-since-the-financial-crisis.md) | -2.1% | -1.3% |
| DXY | 2022-01-26 | [Dollar rises to five-week high after Fed policy decision \| Reuters](https://feedsoft.ai/events/12221-dollar-rises-to-five-week-high-after-fed-policy-decision-reuters.md) | +0.2% | -0.4% |
| DXY | 2018-07-31 | [Yen plumbs week trough against dollar after BoJ's decisions](https://feedsoft.ai/events/64280-yen-plumbs-week-trough-against-dollar-after-boj-s-decisions.md) | +0.6% | +0.6% |
| WTI | 2023-11-01 | [Oil falls to settle at 3-week low as Fed policy stance lifts dollar](https://feedsoft.ai/events/33077-oil-falls-to-settle-at-3-week-low-as-fed-policy-stance-lifts-dollar.md) | -4.5% | -4.6% |
| WTI | 2026-07-28 | [Canadian dollar rebounds from two-week low ahead of Fed decision \| Reuters](https://feedsoft.ai/events/18590-canadian-dollar-rebounds-from-two-week-low-ahead-of-fed-decision-reuters.md) | +2.0% | +5.9% |
| WTI | 2024-01-31 | [Canadian dollar weakens as Fed rate signal offsets GDP gain - The Globe and Mail](https://feedsoft.ai/events/32333-canadian-dollar-weakens-as-fed-rate-signal-offsets-gdp-gain-the-globe-and-mail.md) | -6.0% | +1.3% |

## Sources

- ntv.com.tr: https://www.ntv.com.tr/ntvpara/fed-yetkilileri-sahneye-cikiyor-dolar-icin-kader-haftasi-basladi-1748972

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