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The yen strengthened on July 27 as the dollar fell to a two-year low against most currencies. The decline was linked to lower US 10-year Treasury yields and expectations of further Federal Reserve easing.
A weaker dollar supports dollar-priced commodities and can boost US export competitiveness, which tends to lift feed grain and meal prices.
economies.comRami HaddadJul 27, 2020After 1,637 past bearish macro events, DXY moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% over 20.
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.
