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The Australian dollar rose after US equities fell sharply on Friday, with the S&P 500 down 1.7 percent. The AUD briefly hit 0.7021, its lowest since February 2016, before rebounding to 0.7104 as the US dollar eased.
This is routine daily market commentary on currency moves tied to equity and bond swings, with no new feed or grain supply driver.
macrobusiness.com.auHouses, HolesOct 28, 2018Not enough comparable past events yet for a historical read.
Not 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.
