# US dollar rises after Federal Reserve leaves interest rates unchanged, while gold prices slip | The Straits Times

> The US dollar strengthened after the Federal Reserve held rates at 3.5% to 3.75% on March 18, citing uncertainty from the Iran war and raising its inflation outlook to 2.7%. Gold fell as the firmer dollar and expectations of higher-for-longer rates outweighed safe-haven demand.

- Date: 2026-03-20 · published 2026-03-20T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/20070-us-dollar-rises-after-federal-reserve-leaves-interest-rates-unchanged-while
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A stronger dollar and delayed rate cuts make US commodities more expensive for foreign buyers, pressuring dollar-denominated grain and oilseed export prices.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2017-10-27 | [Gold holds gains after Federal Reserve says it will leave rates unchanged - The Business Times](https://feedsoft.ai/events/67896-gold-holds-gains-after-federal-reserve-says-it-will-leave-rates-unchanged-the.md) | -0.1% | -1.4% |
| DXY | 2025-07-30 | [Dollar gains against peers after Fed leaves rates unchanged](https://feedsoft.ai/events/23952-dollar-gains-against-peers-after-fed-leaves-rates-unchanged.md) | -0.0% | -0.4% |
| DXY | 2018-08-01 | [Gold pinned lower after Fed announces unchanged interest rates](https://feedsoft.ai/events/63462-gold-pinned-lower-after-fed-announces-unchanged-interest-rates.md) | +0.2% | +0.5% |
| DXY | 2025-07-31 | [Interest rates: Aussie dollar feels the chill as Federal Reserve cools rate cut hopes](https://feedsoft.ai/events/24036-interest-rates-aussie-dollar-feels-the-chill-as-federal-reserve-cools-rate-cut.md) | -0.7% | -0.6% |
| DXY | 2021-02-01 | [Dollar rises as investors back away from riskier currencies, Fed leaves rates unchanged](https://feedsoft.ai/events/49066-dollar-rises-as-investors-back-away-from-riskier-currencies-fed-leaves-rates.md) | +0.3% | +0.5% |

## Sources

- straitstimes.com: https://www.straitstimes.com/business/companies-markets/us-dollar-rises-after-federal-reserve-leaves-rates-unchanged-gold-slips

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