# U.S. dollar index extends losses after Fed rate decision, last down 0.08%

> The US dollar index extended losses after the Federal Reserve held rates steady as expected. The euro was up 0.32% at $1.1160 and the dollar fell 0.04% to 157.87 yen.

- Date: 2026-10-28 · published 2026-10-29T06:13:43.878Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/642-u-s-dollar-index-extends-losses-after-fed-rate-decision-last-down-0-08
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md), [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

A weaker dollar tends to support US commodity prices by making exports cheaper for foreign buyers, so the dip is mildly supportive for grain and oilseed markets.

## Read by commodity

- DXY: bearish ▼
- EURUSD: bullish ▲
- USDJPY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2017-06-14 | [Dollar falls after Fed interest rate decision](https://feedsoft.ai/events/10197-dollar-falls-after-fed-interest-rate-decision.md) | +0.6% | -0.9% |
| DXY | 2019-06-20 | [Dollar extends losses on Fed rate cut bets](https://feedsoft.ai/events/7441-dollar-extends-losses-on-fed-rate-cut-bets.md) | -1.1% | -0.8% |
| DXY | 2026-07-31 | [US Dollar: Post-Fed losses extend as positioning unwinds – ING](https://feedsoft.ai/events/8421-us-dollar-post-fed-losses-extend-as-positioning-unwinds-ing.md) | -0.1% | -1.1% |
| DXY | 2023-03-16 | [Euro rises, dollar falls after ECB rate decision](https://feedsoft.ai/events/10083-euro-rises-dollar-falls-after-ecb-rate-decision.md) | -1.2% | -2.5% |
| DXY | 2020-08-28 | [Dollar extends losses; yen hits new highs after Abe resignation](https://feedsoft.ai/events/51845-dollar-extends-losses-yen-hits-new-highs-after-abe-resignation.md) | -0.5% | +1.0% |
| EURUSD | 2026-07-31 | [US Dollar: Post-Fed losses extend as positioning unwinds – ING](https://feedsoft.ai/events/8421-us-dollar-post-fed-losses-extend-as-positioning-unwinds-ing.md) | -0.0% | +1.1% |
| EURUSD | 2023-03-16 | [Euro rises, dollar falls after ECB rate decision](https://feedsoft.ai/events/10083-euro-rises-dollar-falls-after-ecb-rate-decision.md) | +2.4% | +4.3% |
| EURUSD | 2024-07-29 | [EUR/USD extends upside above 1.0850, eyes on Eurozone GDP, Fed rate decision — Octa](https://feedsoft.ai/events/29487-eur-usd-extends-upside-above-1-0850-eyes-on-eurozone-gdp-fed-rate-decision-octa.md) | +0.5% | +2.9% |

## Sources

- cnbc.com: https://www.cnbc.com/2026/10/28/dollar-steady-ahead-of-fed-decision-kiwi-slumps-after-rbnz-holds.html

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