Loading…

The dollar strengthened against major peers after the Federal Reserve left its benchmark rate unchanged at 4.25%-4.50%. The FOMC vote was 9-2, marking the fifth straight meeting without a change.
Holding rates supports the dollar, which can pressure dollar-denominated commodity prices and make US exports less competitive abroad.
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.
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.