
The dollar held near an 11-month high against a basket of currencies after unexpectedly strong U.S. October retail sales data. The data revived bond selling and reinforced expectations of a Federal Reserve rate increase in December.
Stronger U.S. data and expected Fed tightening support the dollar, which can weigh on dollar-priced agricultural commodities. The impact is modest because the move follows an existing trend.
Setelah 53 peristiwa laporan bullish sebelumnya, Dolar AS (Luas) bergerak median +0,1% selama 5 sesi (51% lebih tinggi; separuh tengah -0,4% sampai +0,5%), dan +0,5% 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.
Strong October retail sales on 11/15 reinforced December Fed hike expectations and lifted yields and the dollar.