# US Dollar: Rate hike repricing boosts upside risks – MUFG

> MUFG analyst Derek Halpenny said stronger US CPI and hawkish remarks from Fed Governor Christopher Waller lifted two-year Treasury yields and revived partial market pricing for a possible 50-basis-point December rate hike. He remained doubtful that a 50-basis-point increase is warranted, but said further strong data or a rebound in crude oil could increase the odds and put EUR/USD below 1.1000 in play.

- Date: 2026-11-11 · published 2026-11-11T12:12:04.516Z
- Category: macro · region United States · magnitude low
- Page: https://feedsoft.ai/events/93429-us-dollar-rate-hike-repricing-boosts-upside-risks-mufg
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

A more hawkish Fed outlook could strengthen the dollar, raising the local-currency cost of feed imports for buyers in countries whose currencies weaken against it. No direct shift in feed commodity supply or demand is reported.

## Read by commodity

- DXY: bullish ▲
- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-05-26 | [US Dollar: Higher yields and data keep Fed repricing in focus – MUFG](https://feedsoft.ai/events/19468-us-dollar-higher-yields-and-data-keep-fed-repricing-in-focus-mufg.md) | -0.1% | +1.5% |
| DXY | 2017-10-20 | [Bouncing Dollar Hurts Gold, Rising Rates Boost Copper](https://feedsoft.ai/events/68391-bouncing-dollar-hurts-gold-rising-rates-boost-copper.md) | +1.1% | +0.5% |
| DXY | 2026-06-30 | [US dollar holds near 13-month high as yen's slide, Fed rate hike bets boost the greenback](https://feedsoft.ai/events/19010-us-dollar-holds-near-13-month-high-as-yen-s-slide-fed-rate-hike-bets-boost-the.md) | -0.1% | -0.3% |
| DXY | 2026-09-23 | [Gold, silver slammed as hawkish Fed repricing reignites dollar upside](https://feedsoft.ai/events/17389-gold-silver-slammed-as-hawkish-fed-repricing-reignites-dollar-upside.md) | +1.2% | +1.5% |
| DXY | 2022-01-28 | [Sterling hits year low vs dollar on Fed rate hike fears and UK political risks](https://feedsoft.ai/events/43376-sterling-hits-year-low-vs-dollar-on-fed-rate-hike-fears-and-uk-political-risks.md) | -0.9% | -0.6% |
| EURUSD | 2022-02-11 | [Rate hike bets support the dollar amid surging US inflation - Markets - Business Recorder](https://feedsoft.ai/events/42876-rate-hike-bets-support-the-dollar-amid-surging-us-inflation-markets-business.md) | -1.1% | -4.8% |
| EURUSD | 2026-06-18 | [US dollar rally builds as hawkish Fed meeting stokes rate-hike bets \| The Straits Times](https://feedsoft.ai/events/11517-us-dollar-rally-builds-as-hawkish-fed-meeting-stokes-rate-hike-bets-the-straits.md) | -1.8% | -1.3% |
| EURUSD | 2025-10-29 | [Powell's comments curb December rate cut bets, boosting dollar \| Reuters](https://feedsoft.ai/events/22318-powell-s-comments-curb-december-rate-cut-bets-boosting-dollar-reuters.md) | -1.4% | -0.6% |

## Sources

- fxstreet.com: https://www.fxstreet.com/news/us-dollar-rate-hike-repricing-boosts-upside-risks-mufg-202611111139

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