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The dollar firmed broadly after the Federal Reserve signalled more U.S. rate hikes. Markets reacted to the central bank's hawkish projections for 2018 and beyond.
Higher U.S. rate expectations support the dollar, which typically pressures dollar-priced commodities and can make U.S. feed exports less competitive abroad.
reuters.comJun 13, 2018After 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.
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.
