# The Fed - Foreign Exchange Rates - H.10 -  November 09, 2020

> The Federal Reserve Board released its H.10 weekly foreign exchange rates for November 2 to 6, 2020, covering dozens of currencies against the U.S. dollar. The table shows the dollar weakening against several currencies, including the Brazilian real, Mexican peso, Chinese yuan and euro, over that week.

- Date: 2020-11-09 · published 2020-11-09T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/50374-the-fed-foreign-exchange-rates-h-10-november-09-2020
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md), [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

Weaker dollar moves against South American and Asian currencies make Brazilian and Argentine oilseed and grain exports cheaper in dollar terms, which can support export competitiveness and weigh on U.S. meal and grain prices.

## Read by commodity

- DXY: bearish ▼
- USDBRL: bearish ▼
- USDCNY: bearish ▼
- USDMXN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2020-01-29 | [Gold drops following the Fed keeping rates unchanged, (targets 1.5% to 1.75%). — Octa](https://feedsoft.ai/events/54995-gold-drops-following-the-fed-keeping-rates-unchanged-targets-1-5-to-1-75-octa.md) | +0.2% | +1.5% |
| DXY | 2022-11-11 | [EURUSD’s rally extends beyond 1.0300 with the Dollar in free fall: Analytics and Market news from 11 November 2022 16:24](https://feedsoft.ai/events/8197-eurusd-s-rally-extends-beyond-1-0300-with-the-dollar-in-free-fall-analytics-and.md) | -0.7% | -1.6% |
| DXY | 2022-11-11 | [EURUSD surged almost 4% weekly, eyeing the 200-DMA: Analytics and Market news from 11 November 2022 23:21](https://feedsoft.ai/events/8200-eurusd-surged-almost-4-weekly-eyeing-the-200-dma-analytics-and-market-news-from.md) | -0.7% | -1.6% |
| DXY | 2017-01-30 | [FxWirePro: Decelerated US growth threatens dollar bulls but forecasts on Federal Reserve keeps bullish rout intact, DXY oscillates in range \| EconoTimes](https://feedsoft.ai/events/73164-fxwirepro-decelerated-us-growth-threatens-dollar-bulls-but-forecasts-on-federal.md) | -1.2% | -1.2% |
| DXY | 2022-08-10 | [Relief over US inflation drives rand up the most since 2017](https://feedsoft.ai/events/40333-relief-over-us-inflation-drives-rand-up-the-most-since-2017.md) | -0.1% | +2.4% |
| USDCNY | 2017-09-07 | [China August FX reserves, up for seventh straight month, reach $3.092 trillion](https://feedsoft.ai/events/7802-china-august-fx-reserves-up-for-seventh-straight-month-reach-3-092-trillion.md) | +0.3% | +2.0% |
| USDCNY | 2020-01-17 | [Better-than-Expected Batch of Chinese Data Lifts Renminbi –  Currency Thoughts](https://feedsoft.ai/events/7879-better-than-expected-batch-of-chinese-data-lifts-renminbi-currency-thoughts.md) | +0.6% | +1.6% |
| USDBRL | 2025-01-31 | [Brazil's gross debt rises less than expected in 2024, aided by foreign reserves sale \| Reuters](https://feedsoft.ai/events/26714-brazil-s-gross-debt-rises-less-than-expected-in-2024-aided-by-foreign-reserves.md) | -2.1% | -0.2% |

## Sources

- federalreserve.gov: https://www.federalreserve.gov/releases/h10/20201109/

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