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U.S. stocks fell after the Fed raised rates by a half point and signaled further increases to combat inflation. The dollar pared earlier losses as risk aversion returned.
Delta Air Lines reported stronger-than-expected fourth-quarter EPS guidance but warned that December business travel was softer.
A hawkish Fed signal supports the dollar and tightens financial conditions, which can weigh on commodity demand. The airline details have little direct effect on feed markets.
fxmag.comEd MoyaDec 14, 2022After 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.
