Loading…

The Fed cut rates by 25 bps to a 3.50-3.75% target range, the third consecutive cut, with three dissenters on the decision. Following the release, the US dollar index fell and gold moved higher.
A lower policy rate and weaker dollar can support dollar-denominated commodity prices, though the direct impact on feed markets is modest.
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.