US Dollar: Structurally stronger after Fed hike – ING

ING strategists Francesco Pesole and Frantisek Taborsky say the US Dollar (USD) now has a stronger floor after the Federal Reserve’s 25bp rate increase and hawkish guidance for another hike by year-end.

Gold impact rationale

Rising rate-hike or hawkish expectations increase gold's opportunity cost.

• Source: FXStreet news
• 2026-09-17
• rates

Topics: gold news, gold price impact, rates