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Sterling fell to near 1.2900 against the dollar on Monday ahead of Trump's reciprocal tariff announcement scheduled for Wednesday. Goldman Sachs raised its US recession probability to 35% from 20%.
Safe-haven dollar demand and higher US recession risk point to weaker global growth and trade, a bearish backdrop for export-linked commodity demand.
fxstreet.comSagar DuaMar 31, 2025Not enough comparable past events yet for a historical read.
After 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.
