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The Australian dollar recorded its biggest one-day fall in four months, dropping from a high of US81.02 cents before the Fed statement to around US79.2 cents. Analysts suggested it could fall further.
A sharp currency move after the Fed statement shifts the export competitiveness of Australian grain and meat, a modest factor for global feed prices.
afr.comTimothy MooreSep 21, 2017Not 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.
