
Federal Reserve Chair Jerome Powell said at Jackson Hole that the time has come for the central bank to cut interest rates. The dollar index fell 0.8% against its rivals and US 10-year yields declined after the speech.
Gold rose more than 1% as the move made the metal more attractive to holders of other currencies.
A signal of imminent US rate cuts weakens the dollar and lowers yields, which tends to support dollar-priced commodities and lift demand for hard assets.
Setelah 1.637 peristiwa makro bearish sebelumnya, Dolar AS (Luas) bergerak median -0,2% selama 5 sesi (39% lebih tinggi; separuh tengah -0,6% sampai +0,3%), dan -0,2% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.