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The dollar has risen about 2.3 to 2.4 percent in seven trading days since April 17, recovering from a February low. The author attributes the move to Fed rate hikes and accelerating balance sheet unwinding.
A stronger dollar makes US commodities more expensive for overseas buyers and can pressure futures prices across grains, meals and oilseeds.
seekingalpha.comApr 27, 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.
