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.
Na 1.637 eerdere neerwaarts macro-gebeurtenissen bewoog Amerikaanse dollar (breed) zich mediaan -0,2% over 5 sessies (39% hoger; middelste helft -0,6% tot +0,3%), en -0,2% over 20.
Bewegingen van de benchmark van elke grondstof sinds de laatste slotkoers vóór de gebeurtenis. Historische waarden bundelen eerdere gebeurtenissen van hetzelfde soort; ze beschrijven wat er gebeurde, niet wat zal gebeuren. Geen beleggingsadvies.