# Currencies Overview: Dollar Hovering Above Its Lowest Level in Weeks Before  Fed Meeting – Noor Trends

> The dollar hovered above its lowest level in weeks ahead of the Federal Reserve's policy decision, with the dollar index near 90.97 after touching its lowest since March 3. The yen and euro were little changed while Treasury yields stayed in a narrow range.

- Date: 2021-04-27 · published 2021-04-27T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/47814-currencies-overview-dollar-hovering-above-its-lowest-level-in-weeks-before-fed
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

A softer dollar supports dollar-denominated commodity prices, a mild bullish factor for grains and oilseeds that are priced in dollars.

## Read by commodity

- DXY: bearish ▼
- EURUSD: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2019-10-28 | [Dollar dips on trade optimism, before Fed meeting - Trending - Aaj English TV](https://feedsoft.ai/events/56781-dollar-dips-on-trade-optimism-before-fed-meeting-trending-aaj-english-tv.md) | -0.3% | +0.8% |
| DXY | 2025-06-26 | [Rand rallies to best level in 7 months as Trump’s Fed comment hits dollar \| News24](https://feedsoft.ai/events/24499-rand-rallies-to-best-level-in-7-months-as-trump-s-fed-comment-hits-dollar-news24.md) | -0.9% | -0.6% |
| DXY | 2019-06-20 | [Dollar falls to 2-week low after Federal Reserve meeting](https://feedsoft.ai/events/7438-dollar-falls-to-2-week-low-after-federal-reserve-meeting.md) | -1.1% | -0.8% |
| DXY | 2025-06-26 | [No love for the dollar as markets fret about Fed independence](https://feedsoft.ai/events/24413-no-love-for-the-dollar-as-markets-fret-about-fed-independence.md) | -0.9% | -0.6% |
| DXY | 2025-11-27 | [US Dollar Holds Steady Near 1-Week Low as Markets Price in December Fed Cut \| Investing.com](https://feedsoft.ai/events/22146-us-dollar-holds-steady-near-1-week-low-as-markets-price-in-december-fed-cut.md) | -0.5% | -1.5% |
| EURUSD | 2019-12-12 | [Euro buoyed before ECB meeting as Fed forecast knocks dollar \| Financial Post](https://feedsoft.ai/events/55785-euro-buoyed-before-ecb-meeting-as-fed-forecast-knocks-dollar-financial-post.md) | +0.2% | +0.2% |
| EURUSD | 2024-09-05 | [Investor bets shift as dollar weakens with looming Fed rate cuts](https://feedsoft.ai/events/28220-investor-bets-shift-as-dollar-weakens-with-looming-fed-rate-cuts.md) | -0.6% | -0.3% |
| EURUSD | 2020-03-02 | [US asset markets: What Fed cuts mean for US Treasuries and the dollar \| articles \| ING THINK](https://feedsoft.ai/events/7151-us-asset-markets-what-fed-cuts-mean-for-us-treasuries-and-the-dollar-articles.md) | +2.9% | +0.5% |

## Sources

- noortrends.ae: https://noortrends.ae/en/currencies-overview-dollar-hovering-above-its-lowest-level-in-weeks-before-fed-meeting/04/27/market-updates/

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