Loading…
The U.S. dollar eased, making dollar-denominated commodities more affordable for holders of other currencies. Markets saw the chance of a September Fed rate hike fall to 34%, with a 74% chance of a hike by December, ahead of Chair Warsh's Jackson Hole speech.
A softer dollar supports commodity demand from overseas buyers, while rising hike odds later in the year could reverse that support.
reuters.comDharna BafnaSep 1, 2026After 1,637 past bearish macro events, US Dollar (Broad) moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% 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.
