
The Federal Reserve published its H.10 weekly foreign exchange rates release dated January 4, 2021, listing currency units per US dollar for late December 2020 and early January 2021. The table covers major and emerging-market currencies including the Brazilian real, Canadian dollar, Chinese yuan, euro, Mexican peso and South African rand.
Moves in the dollar and in currencies such as the BRL, MXN and CNY change the local-currency cost of imported feed grains and affect export competitiveness, which feeds into commodity prices.
After 23 past neutral report events, US Dollar (Broad) moved a median +0.1% over 5 sessions (57% higher; middle half -0.2% to +0.4%), and +0.5% over 20.
After 21 past neutral report events, Brazilian Real (BRL per USD) moved a median +0.9% over 5 sessions (62% higher; middle half -0.4% to +1.8%), and -0.4% over 20.
After 17 past neutral report events, Chinese Yuan (CNY per USD) moved a median -0.0% over 5 sessions (47% higher; middle half -0.2% to +0.4%), and -0.8% over 20.
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.