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The Australian dollar rose ahead of the weekend after the government eased responsible lending standards to support the housing market. Gains were reversed as global equity markets turned lower again.
Domestic policy-driven currency moves are short-lived when global risk sentiment dominates, so the effect on Australian export commodity prices is limited.
poundsterlinglive.comJames Skinner, Additional Editing by Gary HowesSep 25, 2020Not 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.
