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Wall Street analysts published their 2022 forecasts for the US dollar and 10-year Treasury yield. One bank expects modest dollar depreciation over the coming year, supported by a positive backdrop for risk and commodities.
Forecasts of a weaker dollar would be supportive for dollar-denominated commodity prices, though the view is one of many outlooks and not a new event.
reuters.comNov 18, 2021After 1,637 past bearish macro events, US Dollar (Broad) moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% 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.
