# The Federal Reserve maintains zero interest rates and the dollar plummets. Most metals are red, and Lunxi leads a rise of more than 3%. - Shanghai Metals Market (SMM)

> Most base metals fell on March 17 while the dollar index dropped to its lowest since March 11 after the Fed held rates at zero. Copper and aluminum traded mixed, and short-term Treasury yields fell while long-term yields rose.

- Date: 2021-03-17 · published 2021-03-17T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/48018-the-federal-reserve-maintains-zero-interest-rates-and-the-dollar-plummets-most
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A weaker dollar supports dollar-priced commodities, but this metals wrap has no direct bearing on feed ingredients. It is routine price commentary.

## Read by commodity

- DXY: bearish ▼

## Sources

- news.metal.com: https://news.metal.com/es/newscontent/101422815-the-federal-reserve-maintains-zero-interest-rates-and-the-dollar-plummets-most-metals-are-red-and-lunxi-leads-a-rise-of-more-than-3

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