# Dollar rebounds as Fed's Williams talks down rate cuts

> The dollar rebounded after Fed official John Williams pushed back against expectations for near-term rate cuts. Part of the week's dollar move was attributed to positioning concentrated in specific currency pairs.

- Date: 2023-12-15 · published 2023-12-15T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/8713-dollar-rebounds-as-fed-s-williams-talks-down-rate-cuts
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A firmer dollar makes USD-priced feed ingredients and grains more expensive for overseas buyers, which can weigh on export demand and prices.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2025-01-13 | [Dollar stays strong as doubts about Fed rate cuts grow](https://feedsoft.ai/events/26701-dollar-stays-strong-as-doubts-about-fed-rate-cuts-grow.md) | -0.3% | -0.9% |
| DXY | 2024-06-07 | [Dollar Rallies and Gold Sinks as Fed Rate Cut Hopes Recede](https://feedsoft.ai/events/8477-dollar-rallies-and-gold-sinks-as-fed-rate-cut-hopes-recede.md) | +1.4% | +0.8% |
| DXY | 2019-05-01 | [Dollar rises as Fed's Powell cools bets on rate-cut](https://feedsoft.ai/events/59251-dollar-rises-as-fed-s-powell-cools-bets-on-rate-cut.md) | +0.2% | +1.1% |
| DXY | 2025-03-20 | [Dollar rises as Fed sees no rush to cut rates](https://feedsoft.ai/events/25773-dollar-rises-as-fed-sees-no-rush-to-cut-rates.md) | +0.3% | -2.0% |
| DXY | 2022-11-17 | [Commodities slump as dollar rebounds](https://feedsoft.ai/events/38596-commodities-slump-as-dollar-rebounds.md) | +0.4% | -0.6% |

## Sources

- reuters.com: https://www.reuters.com/markets/currencies/dollar-feels-heat-feds-dovish-pivot-weighs-2023-12-15/

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