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The Bloomberg Dollar Spot Index fell about 1.9% in April, its worst month since June, as the prospect of peace talks led traders to unwind haven bets. Part of the decline was reversed later in the month after a renewed oil price spike and expectations of Fed hikes.
A weaker dollar in April supported dollar-priced commodities, but the partial rebound suggests the move is fragile and could reverse if oil and Fed expectations keep rising.
bloomberg.comAnya AndrianovaApr 30, 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.
