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USD/JPY pared its rebound as Speaker Nancy Pelosi signaled optimism for a US fiscal stimulus deal before the election. Risk appetite rose and the safe-haven dollar slipped against major peers, while the yen ticked higher.
Stimulus-driven dollar weakness can lift dollar-priced commodities, though the link to feed prices is indirect and the move is modest.
currencylive.comFiona CincottaSep 28, 2020Not enough comparable past events yet for a historical read.
Not 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.
