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The dollar slipped against a basket of currencies as traders took profits on speculation about a more hawkish Fed chair. Two-year Treasury yields retreated from a near nine-year peak, while sterling rose to an eight-day high after stronger UK growth data.
A small pullback in the dollar eases pressure on dollar-priced commodities, but the broader trend remains firm. The move is largely technical and does not change the medium-term outlook for feed markets.
singapore.timesofnews.comTimes of NewsOct 26, 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.
