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The Australian and New Zealand dollars eased slightly from highs on Friday but were on track for solid weekly gains as risk appetite was supported by the Federal Reserve's accommodative stance. The AUD was near $0.7734 and the NZD near $0.7157.
A weaker US dollar and firmer commodity-linked currencies can support dollar-denominated grain and oilseed prices, though the effect on feed markets is modest.
brecorder.comReutersApr 16, 2021After 1,637 past bearish macro events, DXY moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% over 20.
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.
