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The yen and Swiss franc gained against the dollar after news of a COVID variant potentially resistant to vaccines, with the US restricting travel from South Africa and neighbors. Growth-sensitive Australian dollar and Norwegian crown fell.
Risk-off flows weaken growth-sensitive currencies and can reduce commodity demand expectations, though the currency moves alone have limited direct price impact on feed.
nippon.comNov 26, 2021Not 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.
