# Dollar Flat Ahead of FOMC Decision, US Payrolls Report

> The Dollar Index was flat at 103.42 ahead of the FOMC decision and the upcoming US payrolls report. US job openings unexpectedly rose in December and consumer confidence climbed, while the Australian dollar eased after weaker retail sales.

- Date: 2024-01-31 · published 2024-01-31T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/32401-dollar-flat-ahead-of-fomc-decision-us-payrolls-report
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Dollar direction is set by rate expectations and labor data, and a firmer dollar tends to pressure USD-priced commodities. This is routine pre-event trading with no new supply or demand driver.

## Read by commodity

- DXY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2017-01-31 | [Potential US Dollar Reactions to FOMC Decision](https://feedsoft.ai/events/73151-potential-us-dollar-reactions-to-fomc-decision.md) | -0.6% | -0.6% |
| DXY | 2025-12-30 | [US Dollar Index hovers around 98.00 ahead of FOMC Meeting Minutes](https://feedsoft.ai/events/21689-us-dollar-index-hovers-around-98-00-ahead-of-fomc-meeting-minutes.md) | +0.2% | -1.7% |
| DXY | 2026-04-29 | [US Dollar Index steadies near 98.50, all eyes on Fed rate decision](https://feedsoft.ai/events/19920-us-dollar-index-steadies-near-98-50-all-eyes-on-fed-rate-decision.md) | -0.1% | +0.3% |
| DXY | 2024-07-29 | [DXY: Weak US Dollar on FOMC – DBS — Octa](https://feedsoft.ai/events/29460-dxy-weak-us-dollar-on-fomc-dbs-octa.md) | -0.2% | -1.8% |
| DXY | 2024-04-29 | [Market trades with caution ahead of US Fed rate decision this week](https://feedsoft.ai/events/31036-market-trades-with-caution-ahead-of-us-fed-rate-decision-this-week.md) | -0.7% | -1.1% |

## Sources

- liquidityfinder.com: https://liquidityfinder.com/news/dollar-flat-ahead-of-fomc-decision-us-payrolls-report-cb53d

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