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Standard Chartered forecasts the Argentine peso will end 2018 stronger at 18 per dollar, an outlier view. The median Bloomberg survey expects a 7% drop to 20.2 per dollar, with the peso trading near 18.89 and near record lows.
Currency expectations for the peso affect Argentine export selling incentives for soybeans and meal, so divergent forecasts add uncertainty but no clear immediate price shift.
gulftime.aeAdminJan 20, 2018Not 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.
