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The US dollar rebounded against the euro and yen on Friday, while the Australian dollar hit a five-year low after China retaliated against US tariffs. Powell said tariffs raise the risk of higher inflation and slower growth.
China's retaliation threatens US farm export demand, and a stronger dollar against the Aussie can shift competitiveness for Australian grain and feed exports.
reuters.comLaura MatthewsApr 4, 2025Not enough comparable past events yet for a historical read.
After 803 past bearish trade events, Soybeans moved a median +0.0% over 5 sessions (51% higher; middle half -1.7% to +1.7%), and +0.9% over 20.
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.
