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The Australian dollar climbed to 71.46 US cents, a 15-month high, while the ASX 200 fell 1.3%. Retail sales rose 2.4% in June.
The article also covered ASIC's decision not to appeal its responsible-lending case against Westpac.
A stronger Australian dollar lowers the local-currency cost of imported feed inputs but reduces the competitiveness of Australian exports. The article is mostly routine market reporting with limited direct effect on feed prices.
abc.net.auDavid ChauJul 21, 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.
