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The dollar's strongest quarterly run of Trump's presidency has caused discomfort across Asia, but no dollar shortage has yet emerged. The rupee hit an all-time low of 69.09 per dollar, and the yuan fell more than 5% in the June quarter, which analysts link to trade-war competitiveness.
A strong dollar and a weak yuan and rupee raise import costs for Asian feed buyers and may shift export competitiveness in soybean and grain trade.
business-standard.comAndy Mukherjee, BloombergJun 29, 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.
After 398 past bullish macro events, Chinese Yuan (CNY per USD) moved a median +0.0% over 5 sessions (56% higher; middle half -0.3% to +0.5%), and +0.0% 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.
