# Dollar stabilizes pending the interest rate decision

> The US dollar stabilized ahead of the Federal Reserve rate decision, with the dollar index near 98.1. ADP data showed private-sector job growth of 156,000 in July, and markets expected a quarter-point cut.

- Date: 2019-07-31 · published 2019-07-31T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/58271-dollar-stabilizes-pending-the-interest-rate-decision
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Currency moves ahead of the Fed decision influence dollar-denominated commodity prices, but this routine update reflects no new fundamental shift for feed supply or demand.

## Read by commodity

- DXY: neutral

## Sources

- economies.com: https://www.economies.com/forex/news/dollar-stabilizes-pending-the-interest-rate-decision-30243

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