Loading…
The Australian dollar rose on Monday toward a second consecutive monthly gain ahead of the Reserve Bank of Australia's June policy meeting. The New Zealand dollar also edged higher after the RBNZ signalled possible rate rises as early as mid-next year.
Currency moves shift the relative cost of Australian barley, wheat and canola exports for feed buyers; a firmer AUD tends to slightly reduce Australian export competitiveness.
brecorder.comReutersMay 31, 2021Not 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.
