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Commerzbank says the dollar is still supported by Trumpflation expectations but has limited room for further gains. It warns that Trump's trade plans, including a possible trade war with China or Mexico, pose risks to the US economy.
Trade-war risk could hit US export demand for grains and oilseeds while also weighing on the dollar, creating two-sided pressure on dollar-priced feed ingredients.
octaafrica.netJan 6, 2017After 359 past neutral macro events, DXY 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.
