◂ Event Timeline

Jul 30, 2018MACROGlobal

Dollar steady, sticks to tight range before key central bank meetings

The dollar was steady on Monday within a tight range ahead of central bank meetings, with the dollar index at 94.720. Markets awaited the Bank of Japan, Federal Reserve and Bank of England decisions that week.

WHY IT MATTERS

Currency range-trading with no clear direction leaves little direct price pressure on feed commodities this week.

AFFECTSUS Dollar (Broad)

SOURCE
en.amwalalghad.comAmwal Al Ghad EnglishJul 30, 2018

Price reaction & history

US Dollar (Broad)no directional readSO FAR1d -0.2%5d +0.2%20d +0.7%

After 4,478 past macro events, US Dollar (Broad) moved a median +0.0% over 5 sessions (51% higher; middle half -0.4% to +0.5%), and +0.1% over 20.

Jan 30, 2023BoE Expected to Hike Rates Amid Central Bank Meetings+0.5%
Jan 31, 2024Sterling slips vs dollar before BoE and Fed meetings+0.3%
Dec 9, 2020Central bank blames rapidly weakening dollar for stronger baht-0.0%
Jun 1, 2021Dollar steadies, yuan slips after central bank moves to limit gains | Financial Post-0.2%
Jan 29, 2024Dollar Steady Ahead of Fed Meeting - Euro Weakens | Global Banking & Finance Review+0.2%

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.

US Dollar (Broad) DXY · GP ▸

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