Treasury yields fell after the Fed decision, with the 10-year yield slipping below 5.0% and weighing on the dollar. The dollar was firmer, edging toward 157.90 yen ahead of US data and a Bank of Japan decision.
Core PCE is expected to have quickened to 3.1% in September and Q3 GDP to 3.2% annualised.
Hotter-than-expected inflation and growth readings could push up rates and the dollar, a headwind for dollar-denominated feed commodity prices and a support for the yen-weak import cost picture.
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.