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FXStreet reports the US Dollar Index held near 98.00 ahead of the FOMC minutes, with markets pricing about 84% odds of rates held in January. Traders weighed expected rate cuts in 2026 and geopolitical risks including Ukraine and the Middle East.
Expectations of further Fed cuts keep the dollar under some pressure, which modestly supports dollar-priced commodities for importers.
After 359 past neutral macro events, US Dollar (Broad) moved a median -0.0% over 5 sessions (49% higher; middle half -0.4% to +0.4%), and -0.1% 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.