US Dollar: Fed tightening keeps upside risks – BBH

Brown Brothers Harriman’s (BBH) Elias Haddad notes the US Dollar (USD) is extending gains after the latest hawkish Federal Reserve (Fed) hike, even as reopening prospects for the Strait of Hormuz temper the move and weigh on Oil.

Gold impact rationale

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

• Source: FXStreet news
• 2026-09-22
• rates

Topics: gold news, gold price impact, rates