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The US dollar index fell 0.3% to 96.871 on Monday as investors consolidated after a rally to a 1.5-year high on Friday. Markets expected as many as five Fed rate hikes this year, with a possible 50-basis-point move in March.
A pause in dollar strength modestly eases pressure on US export prices for feed commodities, though the rate-hike outlook keeps the dollar supported.
brecorder.comReutersJan 31, 2022Not 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.
