◂ Event Timeline

Sep 30, 2020MACROGlobal

Dollar wobbles as markets await U.S. presidential debate

The dollar edged lower in Asian trade as investors awaited the first US presidential debate between Trump and Biden. The dollar index fell 0.32% to 93.858 after a two-month high the previous week.

WHY IT MATTERS

Dollar moves on election risk can shift the price of dollar-denominated grains and feed ingredients, though the effect is typically modest.

AFFECTSUS Dollar (Broad)▼

SOURCE
financialpost.comReutersSep 30, 2020

Price reaction & history

US Dollar (Broad)▼bearishSO FAR1d -0.5%5d -1.1%20d -1.5%

After 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.

Feb 25, 2020U.S. dollar falls as expectations of a Fed rate cut rise | Financial Post-0.5%
Mar 5, 2020Dollar surrenders to euro and yen as rate supremacy ends | Financial Post+1.3%
Feb 2, 2023Copper prices rise as Fed messaging weakens the dollar | Financial Post+1.3%
Oct 28, 2021Dollar falls on euro strength after ECB meeting as rates move | Financial Post+0.6%
Apr 11, 2023Latam FX at 5-year high as dollar dips ahead of U.S. inflation data | Financial Post-0.4%

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.

US Dollar (Broad) DXY · GP ▸

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