# Yen Gains On Fed, Commodity-Linked Aussie Extends Gains, Oil Inches Up | Investing.com

> The yen and Australian dollar gained as the dollar weakened after Fed minutes showed policymakers worried about weak inflation, reducing odds of a December hike to below 50%. Oil edged up and Trump's council saw CEO resignations.

- Date: 2017-08-17 · published 2017-08-17T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/69370-yen-gains-on-fed-commodity-linked-aussie-extends-gains-oil-inches-up-investing
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Reduced hike odds weaken the dollar, a modest support for dollar-priced commodities; the Aussie's rise tied to base metals signals commodity-currency strength.

## Read by commodity

- DXY: bearish ▼
- WTI: bullish ▲
- AUDUSD: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2025-09-30 | [AUD/USD Gains on Uncertainty as US Dollar Slips on Shutdown Fears \| Investing.com](https://feedsoft.ai/events/23137-aud-usd-gains-on-uncertainty-as-us-dollar-slips-on-shutdown-fears-investing-com.md) | +0.1% | +0.4% |
| DXY | 2022-07-28 | [Pound Sterling Extends Gains against Euro and Dollar on post-Fed Relief](https://feedsoft.ai/events/40759-pound-sterling-extends-gains-against-euro-and-dollar-on-post-fed-relief.md) | -0.3% | +0.2% |
| DXY | 2023-04-12 | [The Commodities Feed: All eyes on US CPI \| articles \| ING THINK](https://feedsoft.ai/events/36345-the-commodities-feed-all-eyes-on-us-cpi-articles-ing-think.md) | -0.4% | -0.6% |
| DXY | 2017-06-29 | [Rand extends gains as dollar selling continues - Moneyweb](https://feedsoft.ai/events/70775-rand-extends-gains-as-dollar-selling-continues-moneyweb.md) | +0.3% | -1.7% |
| DXY | 2023-12-28 | [Dollar falls against yen, gains on euro in choppy trading](https://feedsoft.ai/events/32900-dollar-falls-against-yen-gains-on-euro-in-choppy-trading.md) | +1.0% | +1.8% |
| WTI | 2023-04-12 | [The Commodities Feed: All eyes on US CPI \| articles \| ING THINK](https://feedsoft.ai/events/36345-the-commodities-feed-all-eyes-on-us-cpi-articles-ing-think.md) | -0.8% | -9.6% |
| WTI | 2026-10-20 | [Canadian dollar outlook: oil prices and Fed signals drive the loonie By Investing.com](https://feedsoft.ai/events/17267-canadian-dollar-outlook-oil-prices-and-fed-signals-drive-the-loonie-by.md) | -0.2% | — |
| WTI | 2021-06-18 | [Goldman sees Fed-driven dip in commodities as a 'buying opportunity'](https://feedsoft.ai/events/46485-goldman-sees-fed-driven-dip-in-commodities-as-a-buying-opportunity.md) | +3.2% | +1.0% |

## Sources

- investing.com: https://www.investing.com/analysis/yen-gains-on-fed-commoditylinked-aussie-extends-gains-oil-inches-up-200207760

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