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USD/TRY rose 0.1% to 49.97 after starting the week higher, and EUR/TRY rose 0.4% to 55.91. Oil prices fell about 3% after hopes grew for a deal that would reopen the Strait of Hormuz.
A Hormuz deal would ease crude and freight costs, which supports feed margins, while the Fed's hawkish outlook keeps the dollar firm.
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.