
Analysts expect the US Dollar Index to stay high through 2025, persisting longer than previously anticipated. The index recently rose above 108.6, its highest level in over two years.
The Fed's signal of only two rate cuts in 2025 drove the move.
A stronger dollar makes dollar-priced commodities more expensive for importers outside the US and tends to weigh on grain and oilseed prices. Vietnamese importers of feed face higher costs.
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.