The Fed raised rates for the eighth time and signalled further increases, and the dollar rose and fell intraday. Metals mostly fell, and Brent stayed above $80 after an unexpected rise in US crude stocks.
A firmer dollar after the hike tends to pressure dollar-priced commodities and raises import costs for overseas buyers. Crude's firmness keeps energy and freight costs elevated.
After 2,356 past bullish macro events, DXY moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.
After 323 past bullish macro events, BRENT moved a median +0.7% over 5 sessions (58% higher; middle half -2.9% to +3.7%), and +1.3% over 20.
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.