# Dollar Remains Under Pressure Despite Fed’s Hawkish Hold as Gold Surges Again | Investing.com

> The Federal Reserve held rates unchanged at 3.50%-3.75% with two dissenters favouring a cut. The dollar stayed under pressure while gold rallied further amid Iran tensions.

- Date: 2026-01-29 · published 2026-01-29T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/20960-dollar-remains-under-pressure-despite-fed-s-hawkish-hold-as-gold-surges-again
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A weaker dollar tends to support dollar-priced commodities, while Fed signals on cuts shape broader risk appetite and input-cost expectations.

## Read by commodity

- DXY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2025-08-28 | [US Dollar: China Allows Faster USD/CNY Gains as Selling Pressure Hits Greenback \| Investing.com](https://feedsoft.ai/events/23544-us-dollar-china-allows-faster-usd-cny-gains-as-selling-pressure-hits-greenback.md) | +0.0% | -0.2% |
| DXY | 2019-10-31 | [US Dollar Under "Significant Pressure" As Fed Make A Hawkish Cut And Tipped To Remain On Hold For The Remainder Of 2019 \| Exchange Rates UK](https://feedsoft.ai/events/56776-us-dollar-under-and-quot-significant-pressure-and-quot-as-fed-make-a-hawkish.md) | -0.1% | +0.8% |
| DXY | 2019-10-31 | [Gold gains as dollar weakens after Fed's interest rate cut](https://feedsoft.ai/events/56483-gold-gains-as-dollar-weakens-after-fed-s-interest-rate-cut.md) | -0.1% | +0.8% |
| DXY | 2018-01-31 | [Dollar remains under pressure ahead of FOMC - BBH — Octa](https://feedsoft.ai/events/67167-dollar-remains-under-pressure-ahead-of-fomc-bbh-octa.md) | +0.4% | +1.2% |
| DXY | 2025-11-27 | [US Dollar Holds Steady Near 1-Week Low as Markets Price in December Fed Cut \| Investing.com](https://feedsoft.ai/events/22146-us-dollar-holds-steady-near-1-week-low-as-markets-price-in-december-fed-cut.md) | -0.5% | -1.5% |

## Sources

- investing.com: https://www.investing.com/analysis/dollar-remains-under-pressure-despite-feds-hawkish-hold-as-gold-surges-again-200674099

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