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Commodities ended 2016 strongly, with the Bloomberg Commodity Index up 12 percent, led by crude oil. Analysts say the usual inverse relationship with the dollar may not hold for long, and a stronger dollar could weigh on the sector this year.
A stronger dollar would make US farm exports pricier abroad and could cap grain and oilseed prices. Analysts expect the dollar's gains to be smaller than in 2015.
wtop.comWTOP StaffJan 26, 2017After 4,478 past macro events, US Dollar (Broad) moved a median +0.0% over 5 sessions (51% higher; middle half -0.4% to +0.5%), 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.
