Loading…
The euro, yen and pound recovered some ground against the dollar on December 16, 2016, after falls of 3% or more following the Fed's guidance on 2017 rates. The euro traded at $1.0442 and the yen at 118.17 per dollar in late London trading.
Currency swings of this size shift the relative cost of US commodity exports for foreign buyers, and a dollar pullback would modestly support dollar-priced feed prices.
irishtimes.comColin GleesonDec 16, 2016Not 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.
