# Dollar nurses losses after Fed keeps outlook unchanged; ECB eyed | Gold Eagle

> The dollar held near one-week lows on December 14 after the Fed raised rates and kept its forecasts unchanged. Traders were focused on the European Central Bank's policy meeting, where a more upbeat euro-zone outlook could lift the euro further against the dollar.

- Date: 2017-12-14 · published 2017-12-14T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/67654-dollar-nurses-losses-after-fed-keeps-outlook-unchanged-ecb-eyed-gold-eagle
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Currency moves after the Fed decision and the expected ECB outlook shape the dollar's direction, which influences dollar-priced grain and oilseed values and the competitiveness of US exports.

## Read by commodity

- DXY: bearish ▼
- EURUSD: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2024-05-14 | [Recovering euro keeps dollar 'gorilla' from scuppering ECB rate outlook](https://feedsoft.ai/events/30467-recovering-euro-keeps-dollar-gorilla-from-scuppering-ecb-rate-outlook.md) | +0.6% | -0.6% |
| 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 | 2023-07-01 | [Dollar weaker after data burst, euro rises on ECB comments](https://feedsoft.ai/events/35680-dollar-weaker-after-data-burst-euro-rises-on-ecb-comments.md) | +0.7% | +0.9% |
| EURUSD | 2020-03-23 | [EUR/USD: FED Unlimited QE Sees Euro Gains But Nordea Unwilling To Call For Weaker Dollar Outlook](https://feedsoft.ai/events/11349-eur-usd-fed-unlimited-qe-sees-euro-gains-but-nordea-unwilling-to-call-for.md) | +3.5% | +1.9% |
| DXY | 2026-07-29 | [Dollar Falls to One-Week Low After Fed Keeps Interest Rates Unchanged - Bloomberg](https://feedsoft.ai/events/8419-dollar-falls-to-one-week-low-after-fed-keeps-interest-rates-unchanged-bloomberg.md) | -0.9% | -2.0% |
| DXY | 2020-11-05 | [Dollar drops as stocks surge, Fed keeps policy unchanged](https://feedsoft.ai/events/50331-dollar-drops-as-stocks-surge-fed-keeps-policy-unchanged.md) | -0.8% | -2.9% |
| DXY | 2024-05-14 | [Recovering euro keeps dollar 'gorilla' from scuppering ECB rate outlook](https://feedsoft.ai/events/30467-recovering-euro-keeps-dollar-gorilla-from-scuppering-ecb-rate-outlook.md) | -0.7% | +1.6% |

## Sources

- gold-eagle.com: https://www.gold-eagle.com/dollar-nurses-losses-after-fed-keeps-outlook-unchanged-ecb-eyed

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