The dollar was set to rise against the yen after a sharp risk-off move reversed, with USD/JPY quoted near 110.23. Stronger-than-expected US retail sales and GDP data supported the dollar, and markets recovered after a sudden sell-off.
Stronger US data supporting the dollar tends to weigh on dollar-priced commodities, while the yen move affects Japanese import costs for feed ingredients.
After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% 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.