
TD Securities said the dollar weakened after the July FOMC rate hold and Chair Warsh's lack of hawkish guidance, with the broad index down about 0.3% after the statement. The bank expects the selloff to be limited unless US data surprise to the downside.
Limited dollar weakness means only modest support for USD-priced feed commodities, so the price effect is likely small unless US data weaken.
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.
Dollar weakness after the FOMC hold and lack of hawkish guidance contributed to the move, though TD expected the selloff to be limited.