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Analyst commentary argues the Australian dollar is showing greater stability against the USD during volatile markets. It explains that the AUD's defensive traits have shifted relative to its past behaviour in risk-off periods.
This is general currency commentary with no new event, so it has no clear supply, demand or price impact on feed commodities.
afr.comScott HaslemApr 24, 2023Not 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.
