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RBC Economics raised its US GDP forecasts to an average of 2.4% for 2026 and 2027 and expects unemployment near 4.2%. It sees building core inflation and producer-price pressures pointing to further Fed tightening and a larger US hiking cycle than Canada's.
A forecast of stronger US growth and tighter Fed policy supports the dollar, which tends to pressure dollar-priced commodities and raises the relative cost of imports for buyers in other currencies.
fxstreet.comFXStreet Insights TeamNov 13, 2026After 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.
