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The Colombian peso closed near 4,041 per dollar on June 26, extending its year-to-date gain to over 8%. The move came as the US Dollar Index fell 0.34% to 96.94, and Colombian equities rose to a one-month high.
A stronger peso lowers the local-currency cost of dollar-priced feed imports for Colombian buyers. Broad dollar softness is a modest supportive factor for dollar-denominated commodity prices.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.