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The Australian dollar wobbled near US$0.6414 ahead of the RBA decision, while the New Zealand dollar had its best month in a year on expectations of aggressive RBNZ hikes. Analysts said a 25 basis point RBA move could push the Aussie back toward recent lows.
Currency swings around central bank meetings change the dollar cost of Australian and New Zealand exports and imports, a modest factor for feed commodity pricing.
businesstimes.com.sgOct 31, 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.
