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The US dollar index traded near a two-month high of about 98.13 ahead of the Fed decision. Private-sector payrolls rose by 156,000 in July, above forecasts, and the Fed was widely expected to cut by 25 basis points.
A firmer dollar ahead of the Fed decision tends to weigh on dollar-priced commodities and export competitiveness for US feed ingredients.
economies.comRami HaddadJul 31, 2019Not enough comparable past events yet for a historical read.
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.
