Loading…
The Australian dollar has held up well despite the Australian Securities Exchange falling sharply last week on trade war concerns between the United States and China. Currency traders are questioning whether the AUD is becoming less of a global risk barometer.
A less risk-sensitive AUD reduces the currency's usual signal for commodity demand sentiment, which matters for buyers tracking Australian export prices. The direct effect on feed grain prices is limited.
afr.comSarah TurnerMar 25, 2018Not 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.
