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Reuters reports that Fed rate hikes this year strengthened the dollar and hurt emerging-market currencies such as the Indonesian rupiah, raising import costs. The Fed is poised to lift rates again, and officials abroad have urged it to consider emerging-market effects.
Stronger dollar and weaker emerging-market currencies raise the local cost of imported feed ingredients and can curb buying from importing countries, a bearish factor for dollar-priced feed.
theglobeandmail.comTabita Diela, Gabriel Burin, Jonathan SpicerDec 18, 2018After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% 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.
