# Dollar index set for biggest 2-week rise in 20 months

> The dollar index rose to its highest level since April 2003 and was on track for its largest two-week gain since March 2015. Traders are betting on fiscal stimulus under a Trump presidency and on Federal Reserve rate hikes.

- Date: 2016-11-18 · published 2016-11-18T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/8329-dollar-index-set-for-biggest-2-week-rise-in-20-months
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A sharp dollar rally raises the cost of U.S. feed commodity exports and can pressure futures prices for corn, soybeans and meal.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2022-01-28 | [Dollar poised for biggest weekly rise in 7 months on rate bets](https://feedsoft.ai/events/12224-dollar-poised-for-biggest-weekly-rise-in-7-months-on-rate-bets.md) | -0.9% | -0.6% |
| DXY | 2024-12-13 | [Dollar set for best week in a month on cautious Fed outlook for 2025](https://feedsoft.ai/events/27205-dollar-set-for-best-week-in-a-month-on-cautious-fed-outlook-for-2025.md) | +1.3% | +2.4% |
| DXY | 2024-11-08 | [Gold logs biggest weekly fall in over five months on dollar strength](https://feedsoft.ai/events/27335-gold-logs-biggest-weekly-fall-in-over-five-months-on-dollar-strength.md) | +1.7% | +1.5% |
| DXY | 2021-10-01 | [Dollar heads for best week in months as Fed tightening looms](https://feedsoft.ai/events/44797-dollar-heads-for-best-week-in-months-as-fed-tightening-looms.md) | -0.1% | -0.4% |
| DXY | 2026-10-02 | [FOREX-Euro set for biggest weekly fall in months vs dollar as France fiscal trajectory weighs \| International](https://feedsoft.ai/events/9652-forex-euro-set-for-biggest-weekly-fall-in-months-vs-dollar-as-france-fiscal.md) | -0.3% | -0.1% |

## Sources

- cnbc.com: https://www.cnbc.com/2016/11/17/dollar-on-track-for-winning-week-as-yellen-signals-imminent-rate-hike.html

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