# US dollar firms against peers after Fed holds rates steady

> The Fed unanimously kept its overnight rate at 4.25%-4.50% and stayed in a holding pattern while awaiting inflation and jobs data. The dollar strengthened 0.35% against the Swiss franc and weakened 0.17% against the yen.

- Date: 2025-01-29 · published 2025-01-29T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/26413-us-dollar-firms-against-peers-after-fed-holds-rates-steady
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Expectations of a longer pause support the dollar, which tends to weigh on dollar-denominated commodity prices. The effect on feed markets is indirect and modest.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2025-10-30 | [Yen weakens after BOJ holds rates steady, Fed boosts dollar](https://feedsoft.ai/events/22641-yen-weakens-after-boj-holds-rates-steady-fed-boosts-dollar.md) | +1.1% | +0.4% |
| DXY | 2025-03-01 | [Dollar firms, Aussie steady after RBA's 'hawkish' rate cut](https://feedsoft.ai/events/26335-dollar-firms-aussie-steady-after-rba-s-hawkish-rate-cut.md) | -1.8% | -1.5% |
| DXY | 2026-04-30 | [Dollar holds firm after Fed raises inflation alarm, yen slips past 160](https://feedsoft.ai/events/19916-dollar-holds-firm-after-fed-raises-inflation-alarm-yen-slips-past-160.md) | -0.8% | -0.1% |
| DXY | 2024-12-16 | [Dollar edges higher against major peers as investors eye Fed rate cut \| Reuters](https://feedsoft.ai/events/27178-dollar-edges-higher-against-major-peers-as-investors-eye-fed-rate-cut-reuters.md) | +0.5% | +1.6% |

## Sources

- reuters.com: https://www.reuters.com/markets/currencies/dollar-steadies-ahead-fed-decision-2025-01-29/

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