
The US dollar rebounded on June 7, 2024 after May nonfarm payrolls rose 272,000, well above expectations. The dollar index rose 0.8% to 104.91, its best daily gain since April 10.
The strong data suggested the Federal Reserve could delay starting its easing cycle this year.
A firmer dollar raises the cost of dollar-priced grain and feed imports for buyers outside the US and tends to pressure US commodity prices. Delayed Fed cuts keep dollar yields high and support the currency.
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.
Strong May payrolls (272k) delayed expected Fed easing, lifting US yields and driving the dollar index up 0.8% on the day, its best gain since April.