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The U.S. dollar gained safe-haven support late Thursday and early Friday as a broad selloff in risky assets spread beyond technology stocks. The yen's safe-haven appeal was less clear, the Australian dollar fell to a seven-month low, and sterling's response to a more hawkish Bank of England stance was overshadowed by market volatility.
A stronger U.S. dollar can curb demand for dollar-priced feed imports and weigh on commodity prices, while currency weakness can alter local import costs. These are financial-market effects rather than changes in physical agricultural supply or demand.
Not enough comparable past events yet for a historical read.
After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.
Not enough comparable past events yet for a historical read.
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.
