# Materials Up as Traders Digest Fed Statement - Materials Roundup - MarketWatch

> Producers of metals, grains and other raw materials rallied on July 30 as the U.S. dollar weakened after the Federal Reserve's policy statement. Fed Chairman Kevin Warsh indicated he would wait to see whether rising Treasury yields cooled inflation before acting, which eased fears of a near-term rate hike. Gold futures rose $63.80 to $4,100.10 an ounce.

- Date: 2026-07-30 · published 2026-07-30T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/18259-materials-up-as-traders-digest-fed-statement-materials-roundup-marketwatch
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A weaker dollar makes dollar-priced commodities cheaper for overseas buyers, supporting raw material prices. Reduced odds of a hike remove some of the dollar strength that had been pressuring ag markets.

## Read by commodity

- DXY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-08-19 | [Materials Up as Dollar Falls on Rate-Hike Skepticism -- Materials Roundup - MarketWatch](https://feedsoft.ai/events/17806-materials-up-as-dollar-falls-on-rate-hike-skepticism-materials-roundup.md) | -0.6% | -0.1% |
| DXY | 2023-02-01 | [Stocks rally, dollar slumps after Fed statement, Powell remarks \| Reuters](https://feedsoft.ai/events/37526-stocks-rally-dollar-slumps-after-fed-statement-powell-remarks-reuters.md) | +1.1% | +1.4% |
| DXY | 2017-07-26 | [Metals: Gold Reverses Losses After Fed Statement \| Fox Business](https://feedsoft.ai/events/69894-metals-gold-reverses-losses-after-fed-statement-fox-business.md) | -0.4% | -0.4% |
| DXY | 2020-12-01 | [Why the U.S. dollar is trading at a 2 1/2-year low - MarketWatch](https://feedsoft.ai/events/49845-why-the-u-s-dollar-is-trading-at-a-2-1-2-year-low-marketwatch.md) | -1.2% | -1.7% |
| DXY | 2023-10-31 | [US dollar falls as markets believe Fed is done hiking rates \| Reuters](https://feedsoft.ai/events/11457-us-dollar-falls-as-markets-believe-fed-is-done-hiking-rates-reuters.md) | -1.4% | -2.9% |

## Sources

- marketwatch.com: https://www.marketwatch.com/story/materials-up-as-traders-digest-fed-statement-materials-roundup-f95589de

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