# Very slightly more ‘hawkish’ Fed helps lift US Dollar off its lows. AUD very choppy but NZD the big winner on Wednesday as EUR and GBP give back gains. - OFX

> The US dollar lifted off its lows after a slightly more hawkish Federal Reserve statement on 31 January. The Australian dollar was choppy after softer-than-expected quarterly CPI data, while the New Zealand dollar was the strongest performer.

- Date: 2018-01-31 · published 2018-01-31T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/67231-very-slightly-more-hawkish-fed-helps-lift-us-dollar-off-its-lows-aud-very
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Routine currency commentary with no fundamental shift for feed markets. Modest dollar moves affect import costs and export competitiveness only marginally.

## Read by commodity

- DXY: neutral

## Sources

- ofx.com: https://www.ofx.com/en-au/forex-news/daily-and-weekly-market-news/2018/02/01/very-slightly-more-hawkish-fed-helps-lift-us-dollar-off-its-lows-aud-very-choppy-but-nzd-the-big-winner-on-wednesday-as-eur-and-gbp-give-back-gains/

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