
Brown Brothers Harriman notes that US 10-year yields are at their highs for the year while the dollar has struggled to gain traction. The firm calculates a 60-day correlation of 0.61 between dollar index and yield changes, rising to 0.66 over 30 days.
If rate expectations keep driving the dollar, a firmer dollar weighs on dollar-denominated commodity prices and supports the currency-linked import costs faced by feed buyers abroad.
Setelah 359 peristiwa makro netral sebelumnya, Dolar AS (Luas) bergerak median -0,0% selama 5 sesi (49% lebih tinggi; separuh tengah -0,4% sampai +0,4%), dan -0,1% 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.