# Dollar advances against major peers - Markets - Business Recorder

> The dollar strengthened against major currencies after US consumer prices rose more than expected in October. Traders raised bets on a 25-basis-point Fed hike in December to 87%, and the dollar hit its strongest level in over two months against the yen.

- Date: 2026-11-11 · published 2026-11-12T06:10:41.697Z
- Category: macro · region Global · magnitude medium
- Page: https://feedsoft.ai/events/95004-dollar-advances-against-major-peers-markets-business-recorder
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A firmer dollar on rising US rate expectations can pressure dollar-denominated commodity prices and make US feed exports less competitive abroad.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-08-31 | [Dollar slips ahead of US jobs data - Markets - Business Recorder](https://feedsoft.ai/events/18078-dollar-slips-ahead-of-us-jobs-data-markets-business-recorder.md) | -0.6% | +1.6% |
| DXY | 2023-01-20 | [Dollar surges against the yen as nerves fray over economic outlook - Markets - Business Recorder](https://feedsoft.ai/events/38010-dollar-surges-against-the-yen-as-nerves-fray-over-economic-outlook-markets.md) | -0.5% | +0.7% |
| DXY | 2024-03-27 | [Asian currencies at multi-month lows against US dollar; stocks mixed - Markets - Business Recorder](https://feedsoft.ai/events/31453-asian-currencies-at-multi-month-lows-against-us-dollar-stocks-mixed-markets.md) | +0.2% | +1.4% |
| DXY | 2023-05-31 | [Dollar higher - Business & Finance - Business Recorder](https://feedsoft.ai/events/36152-dollar-higher-business-and-finance-business-recorder.md) | -0.5% | -1.0% |
| DXY | 2022-07-28 | [Dollar rebounds as traders wrestle with US rate view - Markets - Business Recorder](https://feedsoft.ai/events/40680-dollar-rebounds-as-traders-wrestle-with-us-rate-view-markets-business-recorder.md) | -0.3% | +0.2% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40448489

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