Loading…

Federal Reserve Governor Christopher Waller said interest rates may need to rise to bring inflation down and that October inflation of 0.3% could warrant more aggressive action. The dollar recovered after his hawkish remarks.
The prospect of higher US rates can bolster the dollar, potentially making feed imports more expensive in other currencies.
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.