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The US dollar rose after economic data and was set for a fourth straight weekly gain as trade tensions eased. Markets priced a 67.1% chance of a first Fed rate cut of at least 25 basis points by the September meeting.
A firmer dollar and reduced rate-cut expectations tend to weigh on dollar-priced commodities, though this is a routine currency move with limited direct feed-market impact.
reuters.comChuck MikolajczakMay 16, 2025Not 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.
