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The Australian dollar fell for the first time in nine sessions to 69.42 US cents as traders awaited an expected RBA rate cut. Weak Chinese data and a revived US dollar after a thaw in US-China trade tensions also weighed.
The US and China agreed to restart trade talks.
Easing RBA policy and a firmer greenback can weigh on Australian commodity prices, while a US-China trade thaw supports broader demand sentiment for agricultural exports.
sbs.com.auJul 1, 2019Not 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.
