# US Dollar Falls Amid Dovish FOMC, VIX At All-Time Low - ActionForex

> The dollar index fell 1.10% to 93.15 after a dovish FOMC statement that left the 1%-1.25% target range unchanged but gave looser timing on balance sheet reduction. Higher-yielding currencies such as the New Zealand and Australian dollars rallied.

- Date: 2017-07-27 · published 2017-07-27T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/70154-us-dollar-falls-amid-dovish-fomc-vix-at-all-time-low-actionforex
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

A broad dollar selloff lifts dollar-denominated commodity prices and makes US feed exports cheaper for foreign buyers.

## Read by commodity

- DXY: bearish ▼
- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2019-01-31 | [Dollar Tumbles Broadly after Dovish FOMC, More Downside Ahead - ActionForex](https://feedsoft.ai/events/61291-dollar-tumbles-broadly-after-dovish-fomc-more-downside-ahead-actionforex.md) | +0.1% | +0.4% |
| DXY | 2017-07-27 | [FOMC Deflates Dollar Inflates Oil And Gold - ActionForex](https://feedsoft.ai/events/69896-fomc-deflates-dollar-inflates-oil-and-gold-actionforex.md) | -0.6% | -0.5% |
| DXY | 2021-07-29 | [Dollar Falls Broadly after Fed, Q2 GDP Next - ActionForex](https://feedsoft.ai/events/46247-dollar-falls-broadly-after-fed-q2-gdp-next-actionforex.md) | -0.3% | +0.4% |
| DXY | 2023-11-30 | [US dollar falls on dovish remarks by Fed's Powell](https://feedsoft.ai/events/32901-us-dollar-falls-on-dovish-remarks-by-fed-s-powell.md) | +0.6% | -1.2% |
| DXY | 2026-01-30 | [Why the US dollar hit a four-year low and could fall further](https://feedsoft.ai/events/21238-why-the-us-dollar-hit-a-four-year-low-and-could-fall-further.md) | +0.9% | +0.3% |
| CORN | 2019-01-31 | [Dollar Tumbles Broadly after Dovish FOMC, More Downside Ahead - ActionForex](https://feedsoft.ai/events/61291-dollar-tumbles-broadly-after-dovish-fomc-more-downside-ahead-actionforex.md) | -0.5% | -1.3% |
| CORN | 2018-01-02 | [Dollar falls to more than 3-month low on first trading day of 2018](https://feedsoft.ai/events/67214-dollar-falls-to-more-than-3-month-low-on-first-trading-day-of-2018.md) | -0.6% | +2.0% |
| CORN | 2023-11-03 | [US dollar tumbles to six-week low after soft jobs data](https://feedsoft.ai/events/11456-us-dollar-tumbles-to-six-week-low-after-soft-jobs-data.md) | +1.0% | -1.0% |

## Sources

- actionforex.com: https://www.actionforex.com/contributors/fundamental-analysis/29890-us-dollar-falls-amid-dovish-fomc-vix-at-all-time-low/

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