The Dollar Advances as Fed Rate Guidance and Trade War Headlines Offer Support

After 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.

• Apr 21, 2023South African rand weaker as Fed rate bets support dollar | CNBC Africa+0.3%
• Sep 28, 2022Rand weakens as dollar advances on hawkish Fed - Moneyweb-1.8%
• Dec 15, 2016Dollar, bond yields advance on Fed rate outlook+1.6%
• Jan 31, 2024Canadian dollar weakens as Fed rate signal offsets GDP gain - The Globe and Mail+0.3%
• Jun 7, 2024Dollar Rallies and Gold Sinks as Fed Rate Cut Hopes Recede+1.4%

After 123 past bullish macro events, Soybeans moved a median +0.3% over 5 sessions (60% higher; middle half -1.0% to +1.8%), and -0.4% over 20.

• Mar 13, 2023Dollar slides as Fed rate hike outlook tumbles after SVB collapse-2.4%
• Mar 18, 2022Why traders sell dollars after Fed vowed to aggressively hike rates? - CGTN+1.9%
• Aug 22, 2025Canadian dollar rallies the most in three months as Fed’s Powell signals possible rate cut - The Globe and Mail-0.6%
• Jan 30, 2019U.S. Dollar Dives after Federal Reserve Moves to the Sidelines+0.1%
• Dec 11, 2019Dollar slips to 4-month low as Fed holds rates, nixes hike hopes+3.1%

After 151 past bullish macro events, Corn moved a median +0.2% over 5 sessions (57% higher; middle half -0.9% to +1.4%), and -0.3% over 20.

• Mar 13, 2023Dollar slides as Fed rate hike outlook tumbles after SVB collapse+0.8%
• Mar 18, 2022Why traders sell dollars after Fed vowed to aggressively hike rates? - CGTN+0.0%
• Aug 22, 2025Canadian dollar rallies the most in three months as Fed’s Powell signals possible rate cut - The Globe and Mail-0.6%
• Jan 30, 2019U.S. Dollar Dives after Federal Reserve Moves to the Sidelines+0.2%
• Dec 11, 2019Dollar slips to 4-month low as Fed holds rates, nixes hike hopes+5.1%