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The US dollar is near its lowest level in almost two years, and the author's charts suggest further downside. The piece discusses how the dollar's decline could affect gold, copper, Bitcoin and global markets.
A sustained dollar decline typically lifts dollar-priced commodities and can support export demand for US feed grains and meal.
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.