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The dollar weakened on Monday after the US Supreme Court struck down Trump's tariffs, which created uncertainty over US trade policy. Traders also weighed rising Iran tensions alongside the tariff ruling.
A weaker dollar tends to support dollar-priced commodities such as grains and oilseeds by making them cheaper for foreign buyers. The tariff uncertainty could also shift export flows and trade expectations.
reuters.comKaren BrettellFeb 23, 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.
