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The Australian dollar rose after export prices increased 3.6% quarter-over-quarter in Q4 2024, the first gain since Q4 2023. The gain came despite a firmer US dollar, with the Fed holding rates steady and the DXY near 108.
Higher export prices support Australian export income and the currency, but the effect on feed commodity prices is modest.
mitrade.comFXStreetJan 30, 2025Not 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.
