# Dollar pauses after posting biggest weekly rise for 2017; Fed eyed | Gold Eagle

> The dollar slipped on Monday after its biggest weekly rise of 2017, as investors took profits ahead of the Fed decision. Net short dollar bets fell to their smallest in nearly three months, and the index was near a three-month high.

- Date: 2017-10-30 · published 2017-10-30T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/68657-dollar-pauses-after-posting-biggest-weekly-rise-for-2017-fed-eyed-gold-eagle
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Profit-taking after a strong week suggests the dollar's rally may pause, which would ease pressure on dollar-priced commodities. The move is modest and driven by positioning rather than new fundamentals.

## Read by commodity

- DXY: neutral

## Sources

- gold-eagle.com: https://www.gold-eagle.com/dollar-pauses-after-posting-biggest-weekly-rise-2017-fed-eyed

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