Atten Babler Meat FX Indexes – Dec ’14
U.S. dollar (USD) strength continued within the Atten Babler Commodities Meat Foreign Exchange (FX) Indexes during Dec ’14. The USD/Meat Exporter FX Index reached a 12 year high while the USD/Meat Importer FX Index and USD/Domestic Meat Importer FX Index reached record high values.
USD/Meat Exporter FX Index:
The USD/Meat Exporter FX Index increased 2.5 points in Dec ’14 to a value of 134.6, a 12 year high. The USD/Meat Exporter FX Index has increased 12.7 points throughout 2014 and 10.2 points throughout the past six months. USD appreciation against the Argentine peso and the Brazilian real has accounted for the majority of the 2014 gains.
USD/Meat Importer FX Index:
The USD/Meat Importer FX Index increased 7.6 points in Dec ’14 to a new high value of 199.9. The USD/Meat Importer FX Index has increased 20.1 points throughout 2014 and 18.0 points throughout the past six months. USD appreciation against the Russian ruble and Japanese yen has accounted for the majority of the 2014 gains.
USD/Meat Domestic Importer FX Index:
The USD/Domestic Meat Importer FX Index increased 6.6 points in Dec ’14 to a new high value of 191.0. The USD/Domestic Meat Importer FX Index has increased 17.4 points throughout 2014 and 14.4 points throughout the past six months. USD appreciation against the Mexican peso, Russian ruble and Angolan kwanza has accounted for the majority of the 2014 gains.