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Commentary on the September FOMC minutes, which showed members open to adding stimulus such as changes to asset purchases. Central banks including the RBA, RBNZ and ECB were also signaling further easing.
Expectations of more stimulus weigh on the dollar and support commodity prices, although the commentary itself reflects no new policy action.
exchangerates.org.ukJames ElliotOct 8, 2020After 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.
