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The U.S. dollar fell against most major currencies on June 20, 2019 after the Fed kept rates at 2.50% but signaled possible future cuts. The dollar index dropped 0.5% to 96.6 points.
Fed Chairman Jerome Powell said most members supported a cut before year-end.
Signals of future Fed easing put downward pressure on the dollar, which tends to support dollar-priced feed commodities. The impact depends on whether the cuts actually materialize and on trade-war developments.
economies.comRami Haddad20 jun 2019Tras 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 fell on June 20 as the Fed signaled possible cuts and Powell said most members supported a cut, raising rate-cut bets.
