
USD/CAD rebounded to about 1.3520 on January 30 as easing concerns over Fed independence after Kevin Warsh's nomination and stronger US PPI data lifted the dollar. The pair remained on track for a second weekly decline.
Dollar rebounds from a four-year low move cross-currency prices for North American feed inputs. The effect on commodities is limited and short-term.
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.