
Most Asian currencies weakened against the US dollar over the week, with the Taiwanese dollar falling 0.61%, the yen 0.6% and the yuan 0.33%. The Korean won gained 2.24%, while the rupiah rose 0.22%; the dollar index climbed 0.4% for the week after stronger-than-expected US payroll data.
Currency moves affect the local-currency cost of imported feed and agricultural commodities, while a stronger dollar can weigh on dollar-denominated prices. The article reports FX moves but no direct change in commodity supply or demand.
After 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.
Not enough comparable past events yet for a historical read.
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.