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Oxford Economics research expects dollar strength to persist through 2024 and 2025, possibly waning in 2026. The analysis cites robust US growth, favourable interest rate differentials and improvements in the US balance of payments.
Sustained dollar strength would weigh on US commodity export prices and raise import costs for feed ingredients priced in other currencies.
oedevelopment.oxfordeconomics.comSaarah GhaziMay 30, 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.
