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A COT report analysis shows asset managers flipping to net-short on the US Dollar Index, with Canadian dollar net-long exposure up 27.6k contracts and AUD/USD speculators turning net-long for the first time in 13 months. EUR/USD net-long exposure rose 32.8k contracts.
Broad speculative bets against the dollar tend to support dollar-priced commodities, though the effect on feed prices is typically modest and short-lived.
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.