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Foreign exchange volatility rose as bets on aggressive central bank tightening amid surging inflation boosted the dollar and increased swings in global currencies.
A stronger dollar on tightening bets tends to pressure dollar-denominated commodity prices and raises import costs for emerging-market feed buyers.
reuters.comSaqib Iqbal AhmedNov 24, 2021After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% 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.
