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The dollar struggled to find a floor in holiday-thinned trading on December 26 as US inflation signs pointed to possible Federal Reserve rate cuts next year. The yen held near a five-month peak on expectations that the BOJ could end its ultra-easy policy.
The euro, sterling and Australian and New Zealand dollars were little changed.
A softer dollar tends to support dollar-denominated grain and meal prices, but thin holiday trade limits the signal for feed markets.
economictimes.indiatimes.comDec 26, 2023Not 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.
