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The dollar stayed near a 13-month high while the yen hit a 40-year low against it. Traders raised bets on Fed rate hikes this year, and a strong US equity market drew in capital.
A firmer dollar on rate-hike bets typically weighs on dollar-denominated grain and oilseed prices and raises the cost of imports for emerging-market feed buyers.
After 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.
Not enough comparable past events yet for a historical read.
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.