Loading…
The Australian dollar edged higher in Asian trade, trading around 0.7132 against the US dollar after rebounding from decade lows. The move followed a manufacturing gauge that fell to 49.5 from 51.3 in November.
Small currency moves like this have a minimal effect on feed grain prices, and the weak manufacturing reading points to softer regional demand.
economies.comRami HaddadJan 7, 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.
