Loading…
USD/JPY climbed toward 112 in the week ending March 1, 2019, after US Q4 GDP beat expectations and US 10-year Treasury yields hit one-month highs. Trump's delay of the next round of China tariffs and Fed Chair Powell's upbeat testimony also supported the dollar.
Dollar strength and rising US yields pressure dollar-priced commodities and can firm the dollar index, a modest headwind for US export competitiveness. The effect on feed grain prices is indirect and limited.
investing.comMar 1, 2019After 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.
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.
