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The dollar slipped on Monday after its biggest weekly rise of 2017, as investors took profits ahead of the Fed decision. Net short dollar bets fell to their smallest in nearly three months, and the index was near a three-month high.
Profit-taking after a strong week suggests the dollar's rally may pause, which would ease pressure on dollar-priced commodities. The move is modest and driven by positioning rather than new fundamentals.
gold-eagle.comOct 30, 2017Not 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.
