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The Federal Reserve released its H.10 weekly foreign exchange table dated January 19, 2021, covering rates from January 11 to 15. It lists currency units per U.S. dollar for major and emerging-market currencies, including the Brazilian real at about 5.26 and the Mexican peso at about 19.75 on January 15.
These reference rates show the currency backdrop for feed importers in Brazil, Mexico and Asia, where a stronger dollar raises local-currency costs for imported grain and meal.
federalreserve.govJan 19, 2021Not enough comparable past events yet for a historical read.
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 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.
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.
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.
