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Capital Economics commentary says a rebound in the Argentine peso is unlikely to be sustained. The text provided contains only the headline and boilerplate, with no supporting detail.
A weak peso lowers Argentina's effective export prices for soy and corn, which can encourage farmer selling and add pressure on global soymeal and corn prices.
capitaleconomics.comCapital Economics EconomistFeb 16, 2017Not 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.
