
The US Dollar Index gained to new 18-month highs and posted a third straight weekly gain on expectations of further Federal Reserve tightening. Traders are pricing some chance of a half-point hike in December, and the week's calendar includes FOMC minutes and jobs data.
A firmer dollar on rate-hike bets tends to weigh on dollar-priced commodities and can lower the local-currency cost of feed imports for some buyers, while crude prices were edging 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.