The dollar recovered its post-election losses after strong US payrolls reinforced expectations of a December Federal Reserve rate hike. The article argues that the move may have limited room to extend without further market disruption, and points to Tuesday’s US inflation data and developments in oil prices as potential influences.
A stronger dollar can weigh on dollar-denominated commodity prices, but the outlook described is uncertain and the article gives no specific feed-market supply or demand change.
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.
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.