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Feb 7, 2024MACROGlobal

Commodities Standing By for Rate Relief

A BMO Economics note titled Commodities Standing By for Rate Relief was published February 7, 2024. The text contains only author bios and no substantive market content.

WHY IT MATTERS

The article offers no concrete market information that would move feed commodity prices.

AFFECTSUS Dollar (Broad)

SOURCE
economics.bmo.comCarl CampusFeb 7, 2024

Price reaction & history

US Dollar (Broad)no directional readSO FAR1d -0.0%5d +0.5%20d -0.4%

After 4,478 past macro events, US Dollar (Broad) moved a median +0.0% over 5 sessions (51% higher; middle half -0.4% to +0.5%), and +0.1% over 20.

May 22, 2017Commodities Relief Rally As U.S. Dollar Breaks Down - InvestingHaven-0.2%
Sep 20, 2025Wall Street eyeing one big trade after Fed rate cut: Commodities+0.5%
Jan 11, 2024FX, Rates and Commodities at a glance | articles | ING THINK+0.9%
Mar 16, 2017Fed's cautious tone a reprieve for rate-sensitive sectors, commodities - The Business Times-1.3%
Sep 19, 2024How commodity prices perform following rate cuts: Analysts-0.1%

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.

US Dollar (Broad) DXY · GP ▸

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