Loading…
A Reuters forecast says the dollar's near-term outlook is firm but will fade within a year. The view rests on uncertainty over when the Fed will begin scaling back its stimulus.
A medium-term dollar decline would support dollar-priced grains and oilseeds, but the story is an outlook piece with little immediate price impact.
reuters.comRahul KarunakarJul 2, 2021After 359 past neutral macro events, US Dollar (Broad) moved a median -0.0% over 5 sessions (49% higher; middle half -0.4% to +0.4%), and -0.1% 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.
