# Forecasting the upcoming week: Fed takes control with the release of the Minutes

> The US Dollar Index gained to new 18-month highs and posted a third straight weekly gain on expectations of further Federal Reserve tightening. Traders are pricing some chance of a half-point hike in December, and the week's calendar includes FOMC minutes and jobs data.

- Date: 2026-11-13 · published 2026-11-14T12:09:34.823Z
- Category: macro · region Global · magnitude medium
- Page: https://feedsoft.ai/events/99341-forecasting-the-upcoming-week-fed-takes-control-with-the-release-of-the-minutes
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

A firmer dollar on rate-hike bets tends to weigh on dollar-priced commodities and can lower the local-currency cost of feed imports for some buyers, while crude prices were edging lower.

## Read by commodity

- DXY: bullish ▲
- WTI: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2018-08-22 | [FOMC minutes: More hikes coming soon; trade a worry \| Reuters](https://feedsoft.ai/events/63459-fomc-minutes-more-hikes-coming-soon-trade-a-worry-reuters.md) | -0.5% | -0.2% |
| DXY | 2021-05-19 | [FOMC minutes reveal more talk of taper at April meeting](https://feedsoft.ai/events/47284-fomc-minutes-reveal-more-talk-of-taper-at-april-meeting.md) | +0.0% | +0.3% |
| DXY | 2023-02-22 | [With inflation still the focus, Fed minutes show openness to higher rates endgame](https://feedsoft.ai/events/37233-with-inflation-still-the-focus-fed-minutes-show-openness-to-higher-rates-endgame.md) | +0.6% | +0.2% |
| DXY | 2023-01-04 | [Key Takeaways From Minutes of Fed’s December Meeting on Rates - Bloomberg](https://feedsoft.ai/events/37698-key-takeaways-from-minutes-of-fed-s-december-meeting-on-rates-bloomberg.md) | -1.5% | -2.8% |
| DXY | 2018-05-30 | [Why we’re forecasting the yuan to depreciate \| articles \| ING THINK](https://feedsoft.ai/events/65232-why-we-re-forecasting-the-yuan-to-depreciate-articles-ing-think.md) | +0.0% | +1.0% |
| WTI | 2024-12-19 | [The Commodities Feed: Fed comments weigh on the complex \| ING THINK](https://feedsoft.ai/events/26850-the-commodities-feed-fed-comments-weigh-on-the-complex-ing-think.md) | -0.8% | +10.8% |
| WTI | 2024-05-23 | [USD: Fed minutes boost the dollar \| IG International](https://feedsoft.ai/events/30147-usd-fed-minutes-boost-the-dollar-ig-international.md) | -0.0% | +3.5% |
| WTI | 2020-09-25 | [Oil prices down for the week on new coronavirus concerns](https://feedsoft.ai/events/51290-oil-prices-down-for-the-week-on-new-coronavirus-concerns.md) | -4.0% | +0.9% |

## Sources

- fxstreet.com: https://www.fxstreet.com/analysis/forecasting-the-upcoming-week-fed-takes-control-with-the-release-of-the-minutes-202611131822

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