# Aussie, kiwi up - Business & Finance - Business Recorder

> The Australian and New Zealand dollars edged higher on Tuesday as Asian risk appetite recovered after Wall Street pared losses tied to a hedge fund default. The kiwi was on track for a 3.07% monthly loss in March, while the Aussie was set to fall 0.92% for the month.

- Date: 2021-03-31 · published 2021-03-31T12:00:00.000Z
- Category: market · region Australia · magnitude low
- Page: https://feedsoft.ai/events/48358-aussie-kiwi-up-business-and-finance-business-recorder
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

Currency moves in commodity-linked currencies can shift export competitiveness for Australian and New Zealand grain and meat, but this routine market wrap signals no new fundamental shock to feed prices.

## Read by commodity

- AUDUSD: neutral

## Sources

- brecorder.com: https://www.brecorder.com/news/40079441

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.