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The dollar edged higher and has risen more than 7% since late September. Gains were driven by expectations of faster U.S. growth under incoming Trump policies, while sticky inflation has limited expectations for Fed easing.
A rising dollar on growth and sticky-inflation expectations makes dollar-priced commodities costlier abroad, a modest bearish influence on feed ingredient demand.
reuters.comChuck MikolajczakDec 24, 2024After 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.
