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The dollar broadly appreciated on Thursday, a day after the Federal Reserve said it was in no rush to cut interest rates further this year. The Fed's stance reflected uncertainty around US tariffs.
Higher-for-longer US rates support the dollar, which weighs on dollar-denominated feed commodity prices and can lift import costs for buyers abroad.
reuters.comSaqib Iqbal AhmedMar 20, 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.
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.
