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The Australian dollar traded above US70 cents, its highest level since February 2023, as the US dollar weakened. Analysts attributed the move to relatively high Australian interest rates, a strong global economy and solid commodity prices.
A strong AUD reflects rate differentials and commodity demand, which together make Australian exports pricier in US dollars. The impact on feed markets is limited and mainly indirect.
theguardian.comPatrick ComminsJan 28, 2026Not 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.
