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The dollar dipped against the euro and a basket of currencies on December 12, 2016, as traders awaited the Fed's policy meeting. An oil-driven rise in inflation expectations was not enough to extend the dollar's broader rally.
Pre-meeting currency caution offers little direct price signal for feed commodities, though oil-driven inflation expectations are a minor factor for input costs.
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.