# USD extends gains across the board after the data and - Forex Crunch

> The US dollar extended gains against major currencies after US data came out somewhat better than expected. Weekly jobless claims fell to 237K and the New York and Philadelphia Fed indexes beat forecasts. Analysts pointed to the hawkish Fed decision and Yellen's remarks on the balance sheet as the main driver.

- Date: 2017-06-15 · published 2017-06-15T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/10198-usd-extends-gains-across-the-board-after-the-data-and-forex-crunch
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Stronger US data and a firmer Fed path support the dollar, which typically weighs on dollar-denominated commodity prices.

## Read by commodity

- DXY: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| DXY | 2017-06-15 | 1 | +0.7% | 3.5 | On June 15 the dollar extended gains after better-than-expected jobless claims and regional Fed surveys, reinforcing the hawkish Fed repricing within the move window. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2021-03-05 | [EUR/USD: NFP and stimulus to give the greenback another boost after Powell's powerful impact - Forex Crunch](https://feedsoft.ai/events/11419-eur-usd-nfp-and-stimulus-to-give-the-greenback-another-boost-after-powell-s.md) | +0.2% | +0.9% |
| DXY | 2021-03-06 | [Dollar gains across the board in Europe - Business & Finance - Business Recorder](https://feedsoft.ai/events/11417-dollar-gains-across-the-board-in-europe-business-and-finance-business-recorder.md) | -0.6% | -0.0% |
| DXY | 2025-03-31 | [Forex Today: The RBA, US hard data and EMU flash CPI come to the fore](https://feedsoft.ai/events/25849-forex-today-the-rba-us-hard-data-and-emu-flash-cpi-come-to-the-fore.md) | -0.5% | -2.8% |
| DXY | 2020-03-30 | [USD/CAD climbs to daily highs above 1.4150 as WTI extends slide below $20 - Forex Crunch](https://feedsoft.ai/events/54357-usd-cad-climbs-to-daily-highs-above-1-4150-as-wti-extends-slide-below-20-forex.md) | +1.6% | +1.4% |
| DXY | 2023-01-29 | [Dollar clings to gains after US data; traders eye upcoming Fed meetings - The Business Times](https://feedsoft.ai/events/38005-dollar-clings-to-gains-after-us-data-traders-eye-upcoming-fed-meetings-the.md) | +0.5% | +2.1% |

## Sources

- forexcrunch.com: https://www.forexcrunch.com/blog/2017/06/15/usd-extends-gains-across-board-data-amid-fed-fallout/

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