# Rate Adjustment Continues and the Greenback Pares the Week's Losses snbchf.com

> Asia-Pacific equities fell after weak Apple and Amazon earnings, while Australian 10-year yields jumped nearly 30 basis points to above 2.00%. The US dollar pared its weekly losses against major currencies, and emerging market currencies came under pressure.

- Date: 2021-10-29 · published 2021-10-29T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/44822-rate-adjustment-continues-and-the-greenback-pares-the-week-s-losses-snbchf-com
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Rising global yields and a firmer dollar tighten financial conditions for emerging-market importers of feed grains, but the effect on commodity prices is indirect and modest.

## Read by commodity

- DXY: neutral

## Sources

- snbchf.com: https://snbchf.com/2021/10/chandler-rate-adjustment-continues-greenback-pares-losses-2/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.