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The Fed held rates and signalled it was firmly on pause, with growth described as solid and inflation somewhat elevated. The dollar recovered from earlier lows while gold kept climbing.
A pause in rate cuts removes near-term support for metals and leaves the dollar's direction to politics and data, with limited direct effect on feed prices.
fxstreet.comKathleen BrooksJan 28, 2026After 359 past neutral macro events, US Dollar (Broad) moved a median -0.0% over 5 sessions (49% higher; middle half -0.4% to +0.4%), and -0.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
