# Currencies retreat amid expectations of Fed rate hikes

> The Mexican peso closed Friday at 18.5336 per dollar, gaining 0.31% against the dollar while most Latin American currencies fell. US producer prices rose again in October at the fastest annual pace in four years, and Fed officials warned inflation remains stubbornly high and some were open to a 50 basis point hike.

- Date: 2026-11-14 · published 2026-11-14T03:10:01.889Z
- Category: macro · region Global · magnitude medium
- Page: https://feedsoft.ai/events/98904-currencies-retreat-amid-expectations-of-fed-rate-hikes
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

Expectations of tighter US policy have strengthened the dollar near 19-month highs, which typically pressures dollar-priced commodities and raises the cost of imported feed inputs for Latin American buyers.

## Read by commodity

- DXY: bullish ▲
- USDMXN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2022-10-31 | [Dollar gains on Fed rate hike expectations](https://feedsoft.ai/events/39325-dollar-gains-on-fed-rate-hike-expectations.md) | -0.1% | -2.8% |
| DXY | 2022-06-28 | [Euro dips as markets manage expectations of ECB rate hikes \| Reuters](https://feedsoft.ai/events/41157-euro-dips-as-markets-manage-expectations-of-ecb-rate-hikes-reuters.md) | +2.0% | +2.2% |
| DXY | 2026-06-24 | [US dollar strengthens to 13-month high on Fed rate hike expectations \| Reuters](https://feedsoft.ai/events/11985-us-dollar-strengthens-to-13-month-high-on-fed-rate-hike-expectations-reuters.md) | -0.1% | -0.4% |
| DXY | 2017-01-19 | [Stocks, currencies fall after Fed's Yellen signals rate hikes](https://feedsoft.ai/events/11875-stocks-currencies-fall-after-fed-s-yellen-signals-rate-hikes.md) | -0.4% | -1.5% |
| DXY | 2022-06-20 | [US dollar to remain resilient amid the re-pricing higher in Fed's rate expectations – ING — Octa](https://feedsoft.ai/events/41145-us-dollar-to-remain-resilient-amid-the-re-pricing-higher-in-fed-s-rate.md) | -0.9% | +1.0% |

## Sources

- eleconomista.com.mx: https://www.eleconomista.com.mx/mercados/monedas-retroceden-medio-expectativas-alzas-tasas-fed-20261113-844016.html

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