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The Australian dollar recovered slightly on Tuesday after recent sharp falls linked to COVID curbs in China. The kiwi was supported ahead of an expected large RBNZ rate hike.
Currency moves tied to China's COVID policy affect sentiment toward Chinese demand for commodities, but the effect on feed prices here is limited.
brecorder.comReutersNov 22, 2022Not 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.
