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The dollar traded near its highest in over two months against the yen ahead of the Fed meeting, where a third rate cut was expected. Sterling was weaker as the UK Brexit deadline was pushed to January 31.
Fed policy expectations and currency moves shape dollar strength, which affects commodity prices, but this report describes positioning rather than a new commodity-specific shock.
sabcnews.comReutersOct 28, 2019Not 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.
