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The Federal Reserve extended its temporary U.S. dollar liquidity swap lines and the FIMA repo facility for foreign and international monetary authorities through September 30, 2021. The facilities were set up early in the pandemic to ease global dollar funding stress.
Extended dollar swap lines reduce the risk of global dollar funding shortages, which limits sharp dollar spikes that could pressure import-dependent feed demand.
fraser.stlouisfed.orgDec 16, 2020After 4,478 past macro events, US Dollar (Broad) moved a median +0.0% over 5 sessions (51% higher; middle half -0.4% to +0.5%), 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.
