Loading…
MUFG says the dollar has fallen back toward recent lows after the Fed adopted flexible average inflation targeting. The bank says the framework keeps real yields low and that further dollar weakness depends on whether the Fed loosens further or inflation picks up.
A structurally weaker dollar supports dollar-priced commodities and can improve import affordability for feed buyers outside the US.
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.
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.