Loading…
The Fed kept rates unchanged but signaled a tightening schedule starting in October, with its $4.5 trillion balance sheet to shrink by $10 billion per quarter. The dollar received limited buying support and faced resistance around 92 to 92.50 on the index.
Limited dollar strength and expected balance sheet runoff add modest uncertainty to currency-driven commodity pricing, with little immediate direct effect on feed markets.
thenationalnews.comGaurav KashyapSep 25, 2017After 359 past neutral macro events, DXY moved a median -0.0% over 5 sessions (49% higher; middle half -0.4% to +0.4%), and -0.1% 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.
