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Loonie weakens after Fed hike as dollar gains on hawkish outlook

Market context: USD/CAD: Loonie weakening after hawkish Fed directly impacts the USD/CAD pair Bearish for CAD as the loonie weakens on a hawkish Fed outlook DXY: Dollar gains on hawkish Fed outlook support the broader dollar index Bullish for DXY as Fed hike and hawkish tone strengthen the dollar SPY: Fed rate hike impacts overall equity market conditions Neutral to bearish as hawkish Fed tightens financial conditions

Why it matters

USD/CAD (US Dollar / Canadian Dollar) · Why linked: Loonie weakening after hawkish Fed directly impacts the USD/CAD pair Market context: Bearish for CAD as the loonie weakens on a hawkish Fed outlook

DXY (US Dollar Index) · Why linked: Dollar gains on hawkish Fed outlook support the broader dollar index Market context: Bullish for DXY as Fed hike and hawkish tone strengthen the dollar

SPY (SPDR S&P 500 ETF) · Why linked: Fed rate hike impacts overall equity market conditions Market context: Neutral to bearish as hawkish Fed tightens financial conditions

How SPY usually react

This story is too recent for its own reaction record — we score each asset against the actual price move 24h after publication. These are the long-run figures across every event we have tracked for them.

AssetEventsAvg max moveClosed lower
SPY10+0.67%70%

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