# US dollar advances after GDP declines; other reports point to still solid economy | Reuters

> The US dollar firmed against major currencies after a Commerce Department report showed the economy shrank 0.3% in the first quarter, worse than expected but better than some dire forecasts. Consumption remained resilient while imports dragged on GDP, and rate futures priced in four Fed cuts for 2025.

- Date: 2025-04-30 · published 2025-04-30T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/25320-us-dollar-advances-after-gdp-declines-other-reports-point-to-still-solid
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A firmer dollar makes US commodity exports pricier abroad and can pressure dollar-denominated grain and oilseed prices, while a weak US economy raises the odds of rate cuts that weigh on the currency.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2024-10-25 | [Dollar advances after data as eyes turn to jobs report \| Reuters](https://feedsoft.ai/events/28049-dollar-advances-after-data-as-eyes-turn-to-jobs-report-reuters.md) | +0.2% | +2.4% |
| DXY | 2024-06-25 | [US dollar advances after hawkish Fed comment, economic data \| Reuters](https://feedsoft.ai/events/29634-us-dollar-advances-after-hawkish-fed-comment-economic-data-reuters.md) | +0.6% | -0.3% |
| DXY | 2024-11-01 | [US economic outperformance to keep dollar strong: Reuters poll](https://feedsoft.ai/events/27610-us-economic-outperformance-to-keep-dollar-strong-reuters-poll.md) | -0.0% | +1.9% |
| DXY | 2024-09-30 | [Dollar gains as Fed's Powell adopts hawkish tone on economy \| Reuters](https://feedsoft.ai/events/28504-dollar-gains-as-fed-s-powell-adopts-hawkish-tone-on-economy-reuters.md) | +0.9% | +3.1% |
| DXY | 2025-10-29 | [Stocks fall, US dollar strengthens after Powell puts chill on December rate cut \| Reuters](https://feedsoft.ai/events/22612-stocks-fall-us-dollar-strengthens-after-powell-puts-chill-on-december-rate-cut.md) | +1.0% | +0.5% |

## Sources

- reuters.com: https://www.reuters.com/world/middle-east/dollar-steady-vulnerable-tariff-worries-take-hold-2025-04-30/

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