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The US dollar index was broadly flat near 90.26 as traders weighed rising US and German bond yields. The Aussie and kiwi reached three-year highs against the dollar, while sterling gained on UK lockdown easing hopes.
Rising yields and a steady dollar keep commodity-linked currencies firm, which lifts the USD cost of Australian exports. Routine currency wrap with no new supply or demand shock for feed commodities.
brecorder.comReutersFeb 22, 2021Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not 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.
