Atten Babler Corn FX Indexes – Dec ’14
U.S. dollar (USD) strength continued within the Atten Babler Commodities Corn Foreign Exchange (FX) Indexes during Dec ’14. The USD/Corn Exporter FX Index, USD/Corn Importer FX Index and USD/Domestic Corn Importer FX Index all increased to record high values.
USD/Corn Exporter FX Index:
The USD/Corn Exporter FX Index increased 7.0 points in Dec ’14 to a new high value of 232.1. The USD/Corn Exporter FX Index has increased 52.6 points throughout 2014 and 24.5 points throughout the past six months. USD appreciation against the Argentine peso and the Ukrainian hryvnia has accounted for the majority of the 2014 gains.
USD/Corn Importer FX Index:
The USD/Corn Importer FX Index increased 3.7 points in Dec ’14 to a new high value of 214.4. The USD/Corn Importer FX Index has increased 15.5 points throughout 2014 and 12.7 points throughout the past six months. USD appreciation against the Iranian rial and the Japanese yen has accounted for the majority of the 2014 gains.
USD/Domestic Corn Importer FX Index:
The USD/Domestic Corn Importer FX Index increased 4.6 points in Dec ’14 to a new high value of 143.5. The USD/Domestic Corn Importer FX Index has increased 11.3 points throughout 2014 and 11.5 points throughout the past six months. USD appreciation against the Japanese yen and the Mexican peso has accounted for the majority of the 2014 gains.