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The dollar fell broadly after the Fed raised rates and projected more hikes, as markets judged the rally may be exhausted. Analysts noted the Fed's median forecast now implies two more hikes in 2018 and three in 2019.
A weaker dollar after a hike supports dollar-priced commodities and can ease pressure on emerging-market importers of feed.
financialpost.comReutersJun 13, 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.
