The dollar rose on Tuesday after positive ADP payroll and consumer confidence data, with the Dollar Index at 97.86. The Chinese yuan weakened while the euro was stable, and uncertainty remained over Trump's new tariff regime.
Stronger US data supports the dollar, which can weigh on dollar-priced commodities. A weaker yuan could also reduce China's purchasing power for imported feed ingredients.
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.
After 398 past bullish macro events, Chinese Yuan (CNY per USD) moved a median +0.0% over 5 sessions (56% higher; middle half -0.3% to +0.5%), and +0.0% 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.