# Dollar Extends Losses Post-FOMC - Marc to Market  Marc Chandler on Global FX and Capital Markets

> Marc Chandler reports the dollar extended losses after the FOMC, with selling against major and most emerging market currencies. The 10-year Treasury yield fell to about 4.71%, and December WTI crude was around $82 after testing $80 support.

- Date: 2023-11-02 · published 2023-11-02T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/11463-dollar-extends-losses-post-fomc-marc-to-market-marc-chandler-on-global-fx-and
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

A weaker dollar and firmer crude oil support dollar-priced agricultural commodities and raise biofuel-linked feedstock values, though the Fed message was largely unchanged.

## Read by commodity

- DXY: bearish ▼
- WTI: bullish ▲

## Sources

- marctomarket.com: https://www.marctomarket.com/2023/11/dollar-extends-losses-post-fomc.html

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.