◂ Event Timeline

Feb 22, 2018MACROUS

NZ dollar follows Wall Street, commodities higher as investors reassess US rate track

The New Zealand dollar rose alongside Wall Street and the Thomson Reuters CRB index, which gained 0.5%, after Fed minutes suggested three rate hikes in 2018. Investors reassessed the US rate path.

WHY IT MATTERS

Broad commodity index gains tied to rate expectations and dollar moves give modest support to commodity prices, with little direct feed impact.

AFFECTSUS Dollar (Broad)▼

SOURCE
businessdesk.co.nzPaul McBethFeb 22, 2018

Price reaction & history

US Dollar (Broad)▼bearishSO FAR1d -0.0%5d +0.5%20d -0.1%

After 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.

Aug 28, 2023US dollar eases versus euro as investors ponder Fed, ECB rate paths - The Business Times+0.2%
Jan 21, 2020Weakening Dollar Good News For Commodities - Passport to Wall Street+0.6%
Jan 13, 2022Australia, NZ dollars look to break higher as US$ retreats - Markets - Business Recorder+0.1%
May 22, 2017Commodities Relief Rally As U.S. Dollar Breaks Down - InvestingHaven-0.2%
Sep 20, 2025Wall Street eyeing one big trade after Fed rate cut: Commodities+0.5%

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.

US Dollar (Broad) DXY · GP ▸

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