Loading…
Corpay strategist Peter Dragicevich said the Australian dollar weakened on shifting rate differentials, with US data and Fed comments reinforcing a higher-for-longer interest rate outlook. The commentary was delivered in a video segment.
A higher-for-longer US rate outlook supports the dollar and pressures commodity prices quoted in USD, though this is routine currency commentary.
corpay.comFeb 19, 2023Not 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.
