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The dollar weakened on Monday after the FBI indicted Paul Manafort and Rick Gates, with USD/JPY falling near 113 after failing at resistance around 114. The article expects the BoJ and Fed to keep policy largely unchanged.
A softer dollar and yen trend give mild support to dollar-denominated grain and meal prices, but the effect is small against the rate outlook.
exchangerates.org.ukFrançois AuréOct 31, 2017After 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.
Not 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.
