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The Federal Reserve published its H.10 weekly foreign exchange rates for August 21 to 25, 2023, showing dollar rates against major currencies including the Brazilian real, Mexican peso and Canadian dollar. The release is routine data.
Exchange rate levels affect export competitiveness of Brazilian and Argentine soy and corn relative to US supplies, but this routine table alone signals no new shift.
federalreserve.govAug 28, 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.
