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The South Korean won posted its biggest one-day rise this year, supported by strong Samsung earnings and a chip-led stock rally, while the Thai baht reached a four-month high. Currency and equity markets across Asia rallied together.
A stronger Asian currency complex eases the local cost of dollar-priced grain and meal imports, modestly reducing pressure on Asian feed buyers.
reuters.comJamie McGeeverJul 31, 2024Not enough comparable past events yet for a historical read.
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.
