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The dollar extended gains after the Fed meeting while the Bank of England held policy steady. UK public sector borrowing for August was £18.0 billion, the highest August figure in five years, and weighed on sterling at about $1.3515.
The S&P 500 closed at record highs.
A stronger dollar and rising UK borrowing pressure sterling-linked costs, while higher US yields tend to weigh on dollar-denominated commodity prices.
corporate-economy.bankofireland.comMichael CrowleySep 19, 2025After 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.
