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The U.S. dollar had another weak week ahead of the Fed meeting, and the U.S. 10-year yield was about 25 basis points below its end-of-March high. Analysts expect the Fed to maintain its tone and see the $120 billion monthly bond purchases as increasingly hard to justify.
A weakening dollar and a stable Fed stance support dollar-denominated commodity prices. The effect on feed markets is indirect and depends on the outcome of the policy meeting.
investing.comApr 26, 2021Not 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.
