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The dollar rose against the yen as risk appetite improved after no fresh escalation in US trade tensions. The dollar index was near a one-year high of 95.53, and US first-quarter GDP growth was revised down to 2.0%.
A firmer dollar lifts the cost of dollar-priced commodities for importers, while calmer trade headlines reduce safe-haven demand for the yen.
business-standard.comReutersJun 28, 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.
Not enough comparable past events yet for a historical read.
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.
