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The dollar strengthened as investors weighed Yellen's comments that kept a March rate hike possible. European equities fell, led by commodity producers, as industrial metals dropped on signs of tighter liquidity in China.
A firmer dollar and weaker Chinese demand signals pressure on dollar-priced raw materials, while Chinese liquidity tightening weighs on commodity demand.
investorsking.comSamed OlukoyaFeb 17, 2017After 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.
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.
