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The Australian dollar fell against the US dollar on risk-off sentiment, despite China reporting no surge in COVID infections during the Lunar New Year holiday. Investors remain doubtful about China's economic rebound after its rapid reopening.
Doubts about China's recovery weigh on the Aussie and on demand expectations for Australian commodities. The article is routine currency commentary with no direct feed-market impact.
asktraders.comSimon MugoJan 30, 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.
