
The dollar gained as the US economy remained stronger than expected, which led the Fed to hold off on easing quickly. Markets priced about 85 basis points of 2024 cuts, down from over 150 basis points in early January, and dollar futures positioning turned net long for the first time since November.
A resilient US economy and fewer expected rate cuts keep the dollar firm, which can weigh on dollar-priced US commodities and support the cost of imports for emerging markets. Feed buyers should expect a stronger-dollar backdrop.
Setelah 2.356 peristiwa makro bullish sebelumnya, Dolar AS (Luas) bergerak median +0,2% selama 5 sesi (60% lebih tinggi; separuh tengah -0,3% sampai +0,7%), dan +0,4% 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.