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Australian Wool Prices Affected by US Dollar Appreciation /
npub1909…7z0g
2024-05-10 06:00:11

Australian Wool Prices Affected by US Dollar Appreciation on Nostr: Australian Wool Prices Affected by US Dollar Appreciation =============== #6179a5a1 ...

Australian Wool Prices Affected by US Dollar Appreciation
===============
#6179a5a1 ver:0.05

Australian wool prices affected by US dollar appreciation as greasy wool prices remain depressed. Very fine merino categories see high prices, while broader merinos and crossbreds experience low prices. Wool market waiting for improved economic news to stimulate rising prices. Sydney and Fremantle wool markets see improvements due to lower Australian dollar. Eastern Market Indicator finishes lower at 1134¢/kg. US economy stagnates, impacting buyers. Crossbreds also see losses. RBA's decision not to change rates eases tension in Australian economy. #WoolPrices #USAppreciation #AustralianDollar...

#newstr #AustralianWool #WoolPrices #UsDollar #ExchangeRate #EasternMarketIndicator #GdpGrowth #Inflation #Demand #WoolsellingSeason #CrossbredWool #WesternMarketIndicator #Rba

https://here.news/story/6179a5a1?ver=0.05
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