
The U.S. dollar index fell more than 0.6% on June 20, 2019 to 96.58, its lowest in two weeks, after the Fed kept rates at 2.50% but dropped the word patient from its statement. Markets increased their bets on one or two rate cuts later in the year.
The losses followed a 0.4% drop the previous day.
The Fed's dovish language raised expectations of lower U.S. rates, which pressures the dollar and can support dollar-priced agricultural commodities. The price effect depends on how durable the rate-cut expectations prove.
Tras 1637 eventos bajista de macro pasados, Dólar estadounidense (amplio) se movió una mediana de -0,2 % en 5 sesiones (39% al alza; mitad central entre -0,6 % y +0,3 %), y -0,2 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.
Dollar index fell over 0.6% on June 20 after the Fed dropped 'patient' from its statement, directly matching the move.