Loading…
The dollar rallied against high-yielding currencies after Fed Chair Janet Yellen signaled further US rate rises this year. Traders remained cautious ahead of Donald Trump's inauguration, and the dollar jumped about 1% against the won.
Expectations of Fed tightening strengthen the dollar, which tends to pressure dollar-priced commodities and can make feed imports more expensive for emerging-market buyers.
emiratesvoice.comWashingtonJan 19, 2017After 2,356 past bullish macro events, DXY 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.
