
Markets were fully pricing a 75 basis point Fed rate hike for the next day, with some probability of a 100 basis point move. The dollar had gained between 2.1% and 4.7% against G10 currencies over the past week as equities entered a bear market.
A larger expected Fed hike reinforces dollar strength and risk-off sentiment, which typically weighs on dollar-denominated commodity prices. Investors are pricing a tighter monetary backdrop.
Tras 2356 eventos alcista de macro pasados, Dólar estadounidense (amplio) se movió una mediana de +0,2 % en 5 sesiones (60% al alza; mitad central entre -0,3 % y +0,7 %), y +0,4 % 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.
Markets fully priced a 75bp Fed hike with some chance of 100bp, and the dollar gained 2.1-4.7% against G10 currencies in a week as equities entered a bear market.