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The US dollar edged up modestly in narrow trading ahead of central bank meetings, with the dollar index at 93.93. Analysts expected the dollar to hold steady pending a slew of central bank decisions and economic data, and US consumer confidence came in above expectations.
Range-bound dollar trading with no new driver leaves little direct impact on feed commodity prices, though a firmer dollar would modestly pressure dollar-priced grain and meal.
cnbc.comReutersNov 1, 2021Not 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.
