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Barchart reports the dollar index rose to a one-week high on December 30 after stronger US home price and Chicago PMI data and hawkish-leaning FOMC minutes. Questions about Fed independence and a stronger Chinese yuan limited the gains.
A firmer dollar on rate-differential support modestly pressures dollar-priced commodities, while yuan strength can support Chinese import demand.
Not enough comparable past events yet for a historical read.
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.