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Analysts at BBH say the Trump administration appears to have endorsed a strong dollar policy after Treasury Secretary Mnuchin's comments, though they question whether the message is clear. Trump has criticized several trading partners, but the targets are not new.
Doubts about currency policy add volatility to the dollar, which affects export competitiveness and commodity pricing for U.S. feed ingredients.
octaafrica.netFeb 24, 2017After 359 past neutral macro events, US Dollar (Broad) 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.
