Loading…
The dollar fell on February 13 after its strong rally the prior week, weighed down by firmer stocks and lower long-dated Treasury yields. Investors consolidated positions ahead of the U.S. consumer price index release.
A softer dollar and lower yields reduce the cost of holding commodities and modestly support dollar-denominated grain and meal prices.
reuters.comFeb 13, 2023Not 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.
