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The U.S. dollar fell across the board on Wednesday after the Federal Reserve held interest rates steady. Markets questioned how Fed Chair Kevin Warsh would deliver on his commitment to bring inflation down.
Dollar weakness after a Fed hold lowers the cost of USD-priced feed commodities for importers, which can support prices.
globalbankingandfinance.comBarnali Pal SinhaJul 29, 2026
reuters.comSaqib AhmedJul 29, 2026After 1,637 past bearish macro events, DXY moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
The broad dollar decline after the Fed hold on 07-29 set up the follow-through selling into 07-30.
