
The dollar index rose 0.12% on Tuesday as Treasury yields climbed after stronger-than-expected US September JOLTS job openings and factory orders. The Chinese yuan fell to a 1.5-week low after the PBOC raised the foreign reserve requirement ratio.
Markets priced a 78% chance of a 25 bp Fed hike at the December meeting.
A firmer dollar and higher US rate expectations tend to weigh on dollar-priced grains and oilseeds and raise the cost of imported feed for buyers in weaker-currency countries. The yuan move may also reduce Chinese import appetite at the margin.
After 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.