# Why Did The US Dollar Fall Despite FED Hike? | Exchange Rates UK

> The Fed raised its target rate by 25 basis points to 0.75-1.00%, the third hike since December 2015. Markets had priced the move in after earlier Fedspeak, and the statement was largely unchanged, though the dollar fell on what traders read as dovish wording. The median projections still showed three hikes in 2017.

- Date: 2017-03-16 · published 2017-03-16T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/72192-why-did-the-us-dollar-fall-despite-fed-hike-exchange-rates-uk
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

The dollar's fall despite the hike points to a weaker US currency, which can lift US-priced commodity demand from abroad, but the move was already priced in.

## Read by commodity

- DXY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2025-09-29 | [Why is the exchange rate in Vietnam rising rapidly despite the depreciation of the US dollar internationally?](https://feedsoft.ai/events/23193-why-is-the-exchange-rate-in-vietnam-rising-rapidly-despite-the-depreciation-of.md) | -0.3% | +0.3% |
| DXY | 2025-05-10 | [With the US dollar weakening, why is the exchange rate in Vietnam still rising?](https://feedsoft.ai/events/24989-with-the-us-dollar-weakening-why-is-the-exchange-rate-in-vietnam-still-rising.md) | +0.5% | -1.3% |
| DXY | 2022-11-02 | [US dollar falls broadly after the Fed hints at a slower pace of rate hikes](https://feedsoft.ai/events/38845-us-dollar-falls-broadly-after-the-fed-hints-at-a-slower-pace-of-rate-hikes.md) | -1.4% | -4.2% |
| DXY | 2025-06-26 | [Is the era of a weak dollar coming... KRW-USD exchange rate falls to the 1,350 won range](https://feedsoft.ai/events/24449-is-the-era-of-a-weak-dollar-coming-krw-usd-exchange-rate-falls-to-the-1-350-won.md) | -0.9% | -0.6% |
| DXY | 2026-05-29 | [Euro-Dollar: Why Markets Think The ECB Will Hike Before The Fed](https://feedsoft.ai/events/19473-euro-dollar-why-markets-think-the-ecb-will-hike-before-the-fed.md) | +0.3% | +1.6% |

## Sources

- exchangerates.org.uk: https://www.exchangerates.org.uk/news/17633/why-did-the-us-dollar-fall-fed-hike.html

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