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The Federal Reserve held rates unchanged at 3.50%-3.75% with two dissenters favouring a cut. The dollar stayed under pressure while gold rallied further amid Iran tensions.
A weaker dollar tends to support dollar-priced commodities, while Fed signals on cuts shape broader risk appetite and input-cost expectations.
After 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.