Loading…
The Australian dollar weakened after Fed officials, including Bullard and Kashkari, signaled that rate hikes would continue. Treasury yields rose across the curve, and Japanese consumer inflation came in above forecasts.
Hawkish Fed signals strengthen the dollar and weigh on dollar-denominated commodity prices, though the impact on feed is indirect.
forex.caadminNov 18, 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.
Not 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.
