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Higher-risk currencies rallied after Biden's election win and vaccine progress, with Republicans likely retaining the Senate. Lower expectations for large US fiscal stimulus pushed bond yields down.
Weaker dollar sentiment and risk-on flows support commodity prices broadly, though the fiscal outlook has been trimmed.
reuters.comOlga CotagaNov 9, 2020After 1,637 past bearish macro events, DXY 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.
