
The dollar gained against the yen after January consumer prices rose more than expected. Interest rate futures cut expected Fed easing to 27 basis points by December, from about 37 basis points before the data.
Stronger US inflation reduces the likelihood of Fed cuts, which supports the dollar and raises borrowing costs. A firmer dollar tends to weigh on dollar-priced feed commodities.
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.
Not 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.