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The Australian dollar fell to one-week lows on Tuesday at 0.7531 as the US dollar recovered to six-and-a-half-month highs. Commodities were also under pressure from dollar strength.
A stronger dollar pressures dollar-denominated commodity prices, which can weigh on feed grain and oilseed values.
economies.comRami HaddadMay 29, 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.
