# Dollar eases as month-end flows weigh; eyes on Fed and BOJ

> The dollar eased as month-end flows weighed on the currency, with traders focused on the Fed and the Bank of Japan. Traders bet that cooling inflation will keep the Fed on pause in the coming months, though some chance of a later rate hike remains.

- Date: 2023-10-27 · published 2023-10-27T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/33813-dollar-eases-as-month-end-flows-weigh-eyes-on-fed-and-boj
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Expectations of a Fed pause soften the dollar, which tends to support dollar-denominated commodity prices and US export competitiveness.

## Read by commodity

- DXY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2024-08-19 | [Sterling hits one-month high as Fed rate cut bets weigh on dollar \| Reuters](https://feedsoft.ai/events/29068-sterling-hits-one-month-high-as-fed-rate-cut-bets-weigh-on-dollar-reuters.md) | -0.8% | -0.7% |
| DXY | 2017-07-31 | [Dollar weighed by month-end flows, renewed political tensions - Moneyweb](https://feedsoft.ai/events/70210-dollar-weighed-by-month-end-flows-renewed-political-tensions-moneyweb.md) | +0.3% | -0.5% |
| DXY | 2021-07-29 | [Pound highest in over a month as dollar dips on dovish Fed \| Euronews](https://feedsoft.ai/events/46306-pound-highest-in-over-a-month-as-dollar-dips-on-dovish-fed-euronews.md) | -0.3% | +0.4% |
| DXY | 2023-11-20 | [Dollar stumbles to over two-month low as markets eye Fed cuts](https://feedsoft.ai/events/12032-dollar-stumbles-to-over-two-month-low-as-markets-eye-fed-cuts.md) | -0.6% | -0.8% |
| DXY | 2020-03-31 | [US dollar weakens as Fed measure weighs](https://feedsoft.ai/events/10702-us-dollar-weakens-as-fed-measure-weighs.md) | +0.7% | +0.5% |

## Sources

- reuters.com: https://www.reuters.com/markets/currencies/dollar-eyes-weekly-gain-us-economy-stays-robust-2023-10-27/

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