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Turkish lira, Argentine peso and South African rand have lost much of their value as investors move capital into dollar assets. Analysts say a strong dollar and rising US rates are driving the emerging-market selloff.
Emerging-market currency weakness can lower import costs for some feed buyers but raises financing stress, and a strong dollar generally weighs on US grain and meal prices.
dw.comMischa EhrhardtMay 28, 2018After 2,356 past bullish macro events, DXY 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.
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.
