# Dollar Rallied Last Week Amidst Rate Hike Bets | 02.11.26 | finanzen.ch

> The US dollar firmed during the week ended October 30 after hawkish Fed signals, a hold at 3.75-4.00% with a non-unanimous decision, and higher PCE inflation readings. The Dollar Index traded between 101.54 and 102.49 that week.

- Date: 2026-11-02 · published 2026-11-03T00:08:32.430Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/76403-dollar-rallied-last-week-amidst-rate-hike-bets-02-11-26-finanzen-ch
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A firmer dollar on rate-hike expectations pressures dollar-priced commodities and weighs on import costs in emerging markets. This is a recap of a past week's currency moves rather than a new driver.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-06-01 | [Dollar Rallies Toward Best Week Since March on Fed Hike View](https://feedsoft.ai/events/19470-dollar-rallies-toward-best-week-since-march-on-fed-hike-view.md) | +1.0% | +1.7% |
| DXY | 2022-10-28 | [Gold down 1% as dollar, yields rise on Fed rate-hike bets](https://feedsoft.ai/events/39036-gold-down-1-as-dollar-yields-rise-on-fed-rate-hike-bets.md) | +1.2% | -2.4% |
| DXY | 2022-01-26 | [Canadian dollar weakens as BoC foregoes rate hike \| Financial Post](https://feedsoft.ai/events/43390-canadian-dollar-weakens-as-boc-foregoes-rate-hike-financial-post.md) | +0.2% | -0.4% |
| DXY | 2026-05-15 | [Dollar climbs for fifth straight day as Fed rate hike bets grow](https://feedsoft.ai/events/19469-dollar-climbs-for-fifth-straight-day-as-fed-rate-hike-bets-grow.md) | +0.6% | +0.7% |
| 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% |

## Sources

- finanzen.ch: https://www.finanzen.ch/nachrichten/devisen/dollar-rallied-last-week-amidst-rate-hike-bets-1036700042
- rttnews.com: https://www.rttnews.com/3707146/dollar-rallied-last-week-amidst-rate-hike-bets.aspx
- rttnews.com: https://www.rttnews.com/3707146/dollar-rallied-last-week-amidst-rate-hike-bets.aspx?type=fts

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