# FOMC minutes lean hawkish; dollar strengthens, gold slips By Seeking Alpha

> Seeking Alpha reports that Fed minutes from the March meeting read hawkishly, lifting the dollar and pressing gold lower. The piece is a brief summary of the same minutes release covered elsewhere.

- Date: 2018-04-11 · published 2018-04-11T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/65435-fomc-minutes-lean-hawkish-dollar-strengthens-gold-slips-by-seeking-alpha
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Hawkish Fed signaling strengthens the dollar, which tends to weigh on dollar-priced commodities including grains and oilseeds.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2024-06-05 | [US dollar rises as strong service sector data muddles Fed easing this year](https://feedsoft.ai/events/8478-us-dollar-rises-as-strong-service-sector-data-muddles-fed-easing-this-year.md) | +1.1% | +0.9% |
| DXY | 2017-08-09 | [​Gold futures fall as sound job data lifts U.S. dollar_Xinhua Finance Agency](https://feedsoft.ai/events/69369-gold-futures-fall-as-sound-job-data-lifts-u-s-dollar-xinhua-finance-agency.md) | +0.1% | -1.7% |
| DXY | 2019-12-06 | [Dollar gains after stronger-than-expected U.S. jobs report \| Reuters](https://feedsoft.ai/events/55796-dollar-gains-after-stronger-than-expected-u-s-jobs-report-reuters.md) | -0.4% | -1.1% |
| DXY | 2020-02-04 | [Dollar gains on upbeat manufacturing data, virus threats cap yuan \| The Business Standard](https://feedsoft.ai/events/5140-dollar-gains-on-upbeat-manufacturing-data-virus-threats-cap-yuan-the-business.md) | +0.4% | +0.3% |
| DXY | 2022-02-04 | [Dollar rises from two-week low after U.S. jobs surprise](https://feedsoft.ai/events/9876-dollar-rises-from-two-week-low-after-u-s-jobs-surprise.md) | -0.3% | +1.5% |

## Sources

- investing.com: https://www.investing.com/news/stock-market-news/fomc-minutes-lean-hawkish-dollar-strengthens-gold-slips-1390277

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