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CommBank analysts note the Australian dollar has recovered broadly against major currencies since the most intense phase of the Iran war, with AUD/USD near its highest since June 2022. The bank expects AUD/USD to peak soon and fall to 0.64 by year-end.
Expectations of a weaker AUD later in the year would make Australian grain and meal exports more competitive, but the near-term effect on feed prices is minimal.
commbank.com.auMay 18, 2026Not 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.
