The dollar continues to rise but is at its lowest level in 10 years · SondeAR

After 44 past bullish macro events, Soybean Meal moved a median -0.6% over 5 sessions (34% higher; middle half -1.9% to +0.9%), and -2.9% over 20.

• Sep 29, 2017Rupiah Hits 10-month Low Against U.S Dollar - The Insiders Stories+2.0%
• Sep 27, 2017Currency of Indonesia: Rupiah at 10-month Low Against US Dollar | Indonesia Investments-0.5%
• May 16, 2018‘Start selling so dollars come in,’ Argentine soybean farmers are told-1.3%
• Sep 21, 2026Particle: Argentina’s Official Dollar Steady as Parallel Rates Rise to Records+2.1%
• Aug 28, 2022Argentines flocked to buy dollars to protect savings from crisis | Buenos Aires Times-5.9%

After 28 past bullish macro events, Soybean Oil moved a median -1.2% over 5 sessions (32% higher; middle half -2.1% to +1.8%), and -2.3% over 20.

• Jul 31, 2024Stocks rise; yields, dollar lower as Fed signals rate cut-1.9%
• Mar 31, 2023Argentina's dollars drain fastest since 2019 as IMF decision looms | Kitco News+2.1%
• Mar 8, 2021VEGOILS-Palm oil rises nearly 4% to two-month high as crude, soyoil rally By Reuters+9.1%
• Mar 22, 2023Argentina drought saps dollar reserves, pressuring FX crawling peg-3.2%
• Sep 22, 2021Daily summary: Fed projects interest-rate hike next year | XTB+4.9%