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Seeking Alpha reports that Fed minutes from the March meeting read hawkishly, lifting the dollar and pressing gold lower. The piece is a brief summary of the same minutes release covered elsewhere.
Hawkish Fed signaling strengthens the dollar, which tends to weigh on dollar-priced commodities including grains and oilseeds.
investing.comApr 11, 2018After 53 past bullish report events, DXY moved a median +0.1% over 5 sessions (51% higher; middle half -0.4% to +0.5%), and +0.5% 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.
