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The US dollar index is trading near multi-month highs as safe-haven demand grows amid concerns over a second wave of coronavirus infections and weak US and European economic outlooks. Analysts expect further dollar gains if US fiscal stimulus stalls.
A stronger dollar lowers the dollar price of dollar-denominated grains and oilseeds while raising import costs for emerging-market feed buyers.
cnbctv18.comAnkit GohelSep 25, 2020After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% 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.
