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Fidelity Australia analyses how Federal Reserve policy affects the Australian dollar and equities. It notes the Aussie rose from 0.70 to 0.77 against the US dollar after vaccine news lifted risk appetite, and it expects further appreciation this year.
Monetary policy divergence and risk sentiment drive the Aussie, which influences Australian export competitiveness. Impact on feed commodity prices is minimal.
fidelity.com.auFidelity International investment expertsJan 29, 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.
