# Potential US Dollar Reactions to FOMC Decision

> Analysts expect the Federal Reserve to hold rates at its February 1 meeting, with only about a 15% chance of a hike priced in. Nordea sees a June hike as the base case, while BofA warns the Fed could sound more optimistic.

- Date: 2017-01-31 · published 2017-01-31T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/73151-potential-us-dollar-reactions-to-fomc-decision
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A more hawkish Fed tone would lift the dollar and pressure dollar-priced commodities, while a hold keeps the currency range-bound.

## Read by commodity

- DXY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2024-01-31 | [Dollar Flat Ahead of FOMC Decision, US Payrolls Report](https://feedsoft.ai/events/32401-dollar-flat-ahead-of-fomc-decision-us-payrolls-report.md) | +0.3% | +0.4% |
| DXY | 2024-07-29 | [DXY: Weak US Dollar on FOMC – DBS — Octa](https://feedsoft.ai/events/29460-dxy-weak-us-dollar-on-fomc-dbs-octa.md) | -0.2% | -1.8% |
| DXY | 2023-08-28 | [US Dollar Index News: DXY Reacts to Powell’s Speech, Rate Hike Speculations Rise \| FXEmpire](https://feedsoft.ai/events/34785-us-dollar-index-news-dxy-reacts-to-powell-s-speech-rate-hike-speculations-rise.md) | +0.2% | +1.3% |
| DXY | 2026-04-29 | [US Dollar Index steadies near 98.50, all eyes on Fed rate decision](https://feedsoft.ai/events/19920-us-dollar-index-steadies-near-98-50-all-eyes-on-fed-rate-decision.md) | -0.1% | +0.3% |
| DXY | 2026-01-28 | [FOMC decision: Fed firmly on pause, as dollar recovers but gold continues its march higher](https://feedsoft.ai/events/20962-fomc-decision-fed-firmly-on-pause-as-dollar-recovers-but-gold-continues-its.md) | +0.4% | +0.3% |

## Sources

- poundsterlinglive.com: https://www.poundsterlinglive.com/usd/6136-a-preview-of-analysts-opinions-before-the-fomc-on-wednesday

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