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The dollar fell broadly on Monday after Trump expressed discomfort with the greenback's strength, with the dollar index down 0.2% at 94.251. Finance leaders at a G20 meeting in Buenos Aires ended with little consensus on resolving US tariff disputes.
A weaker dollar supports US commodity export competitiveness and dollar-priced grains and meals, though the gain is modest and tariff uncertainty weighs on trade flows.
moneyweb.co.zaDaniel Leussink, ReutersJul 23, 2018After 1,637 past bearish macro events, US Dollar (Broad) moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% 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.
