
The US dollar firmed in early Asian trading as Treasury yields rose and investors assessed the tariff outlook under President Trump. Trump's signal that tariffs on Canada and Mexico would take effect on April 2 was later clouded by a White House statement that the March 2 deadline still stood.
Conflicting tariff timelines raise uncertainty for North American grain, oilseed and livestock trade, and a firmer dollar weighs on dollar-priced commodities. Traders may hold back purchases until the trade position is clear.
After 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.