# FxWirePro: Decelerated US growth threatens dollar bulls but forecasts on Federal Reserve keeps bullish rout intact, DXY oscillates in range | EconoTimes

> US GDP grew an annualized 1.9% in Q4 2016, below the 3.5% prior quarter and the 2.2% forecast. Durable goods orders fell 0.4% in December, and the dollar index traded in a range.

- Date: 2017-01-30 · published 2017-01-30T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/73164-fxwirepro-decelerated-us-growth-threatens-dollar-bulls-but-forecasts-on-federal
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Slower US growth reduces the pressure for faster Fed hikes, which weakens the dollar and modestly supports dollar-priced commodities.

## Read by commodity

- DXY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2023-01-31 | [Dollar pares gains on falling US labour costs, before Fed decision - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.](https://feedsoft.ai/events/37976-dollar-pares-gains-on-falling-us-labour-costs-before-fed-decision-sabc-news.md) | +1.4% | +2.1% |
| DXY | 2023-02-09 | [The Federal Reserve and U.S. Treasury Did Not Intervene in FX Markets During the Fourth Quarter - FEDERAL RESERVE BANK of NEW YORK](https://feedsoft.ai/events/37521-the-federal-reserve-and-u-s-treasury-did-not-intervene-in-fx-markets-during-the.md) | +0.3% | +1.1% |
| DXY | 2020-11-12 | [The Federal Reserve and U.S. Treasury Did Not Intervene in FX Markets During the Third Quarter - FEDERAL RESERVE BANK of NEW YORK](https://feedsoft.ai/events/50328-the-federal-reserve-and-u-s-treasury-did-not-intervene-in-fx-markets-during-the.md) | -0.5% | -1.7% |
| DXY | 2026-07-30 | [Euro rises as Eurozone growth outpaces forecasts](https://feedsoft.ai/events/7686-euro-rises-as-eurozone-growth-outpaces-forecasts.md) | -1.2% | -1.9% |
| DXY | 2025-05-15 | [The Federal Reserve and U.S. Treasury Did Not Intervene in FX Markets During the First Quarter - FEDERAL RESERVE BANK of NEW YORK](https://feedsoft.ai/events/24857-the-federal-reserve-and-u-s-treasury-did-not-intervene-in-fx-markets-during-the.md) | -0.8% | -2.0% |

## Sources

- econotimes.com: https://econotimes.com/FxWirePro-Decelerated-US-growth-threatens-dollar-bulls-but-forecasts-on-Federal-Reserve-keeps-bullish-rout-intact-DXY-oscillates-in-range-511811

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