# Has the USD lost its power over commodities? - MacroBusiness

> MacroBusiness, quoting Macquarie, argues that the US dollar has not fully suppressed base metal prices. LME metal prices rose about 9 percent since the US election, and the Chinese yuan price rose 11 percent.

- Date: 2016-11-30 · published 2016-11-30T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/73753-has-the-usd-lost-its-power-over-commodities-macrobusiness
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Metals strength despite a firmer dollar signals underlying demand, but the note focuses on base metals rather than feed-relevant commodities.

## Sources

- macrobusiness.com.au: https://www.macrobusiness.com.au/2016/12/usd-lost-power-commosities/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.