The US dollar index has weakened since mid-August, and the broad trade-weighted dollar has fallen further in September despite rising 10-year Treasury yields near 3.1%. Most G10 currencies gained against the dollar in September, with the yen the exception, while many emerging market currencies have fallen sharply this year.
The author attributes part of the dollar's decline to positioning and improving risk appetite.
A softer dollar tends to support commodity prices and helps emerging-market currencies, which can ease import costs for feed buyers in those markets. Its drivers remain unclear, so the trend may not persist.
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.