
The dollar rose for a fourth straight session as US wholesale inflation reached its highest level in nearly four years, pushing Treasury yields higher. The dollar-yen rate hovered near 160 yen, a level Japanese authorities watch closely, and the euro-dollar rate fell to 1.1023.
Sticky US inflation raises the chance of more Fed tightening, which supports the dollar and raises financing costs for importers. A strong dollar tends to press dollar-quoted commodity prices lower.
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.