Loading…
The dollar rose to a two-month high after a stronger-than-expected Q2 GDP print of 3% and a hawkish tone from Powell. A US-South Korea trade deal set a 15% tariff on Korean goods, with US farm goods not taxed and farm import rules unchanged.
Strong US data and a firmer dollar tend to weigh on dollar-priced commodities, while the trade deal leaves US farm access unchanged.
convera.comKevin FordJul 31, 2025After 2,356 past bullish macro events, DXY 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.
