Loading…

The US dollar fell for a third straight session against major currencies amid US-China trade tensions over rare earth controls and remarks from Fed officials. The Aussie dropped after employment data.
Trade tensions between the US and China add uncertainty to soybean and grain export demand, while a weaker dollar can support dollar-priced commodities.
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.