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The Australian and New Zealand dollars rose as Middle East fears eased after Tehran downplayed Israel's retaliatory strike on Iran. Australian bonds lost some safe-haven demand, and Australian Q1 inflation data was due Wednesday.
Easing geopolitical risk is a currency and bond market move with no direct bearing on feed grain or protein prices.
brecorder.comReutersApr 22, 2024Not 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.
