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The Australian dollar fell to its lowest level in 10 years against the US dollar, dropping to 67.49 US cents before recovering above 69 cents. The decline followed weak manufacturing data from China and the European Union.
Concerns about slowing global growth reduce demand expectations for commodities, while a weaker Aussie dollar supports Australian farm export competitiveness.
theguardian.comChristopher KnausJan 2, 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.
