# Dollar dips as robust US GDP data fail to impress

> The dollar index slipped after US second-quarter GDP grew at a 4.1% annualized pace, in line with forecasts. Year-over-year growth of 2.8% was below expectations, and trade frictions were seen as a drag on the second half.

- Date: 2018-07-27 · published 2018-07-27T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/64240-dollar-dips-as-robust-us-gdp-data-fail-to-impress
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Strong US growth supports the dollar, but the softer year-over-year figure and trade concerns limit the move, leaving little clear pressure on dollar-priced feed ingredients.

## Read by commodity

- DXY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-07-30 | [Dollar Slips As Markets Wait For US Data Drops - Finimize](https://feedsoft.ai/events/18553-dollar-slips-as-markets-wait-for-us-data-drops-finimize.md) | -1.2% | -1.9% |
| DXY | 2026-02-26 | [Dollar dips against dong - VnExpress International](https://feedsoft.ai/events/20918-dollar-dips-against-dong-vnexpress-international.md) | +1.1% | +2.0% |
| DXY | 2019-09-19 | [Has the Fed plugged the US dollar leak? - MacroBusiness](https://feedsoft.ai/events/57275-has-the-fed-plugged-the-us-dollar-leak-macrobusiness.md) | +0.6% | -0.6% |
| DXY | 2018-06-13 | [US Dollar on Cusp of Renewed Downtrend as Faster-Fed Fails to Inspire the Market](https://feedsoft.ai/events/64711-us-dollar-on-cusp-of-renewed-downtrend-as-faster-fed-fails-to-inspire-the-market.md) | +1.3% | +0.6% |
| DXY | 2021-03-23 | [Does the US dollar have further to fall?](https://feedsoft.ai/events/48319-does-the-us-dollar-have-further-to-fall.md) | +0.8% | -0.7% |

## Sources

- cnbc.com: https://www.cnbc.com/2018/07/27/forex-markets-dollar-euro-in-focus-after-ecb-offers-few-surprises.html

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