Loading…
MUFG expects AUD/USD to rise gradually through 2022 as the Australian economy recovers and markets pare back US tightening expectations. The AUD fell from 0.7508 to 0.7094 during November.
A gradual AUD recovery would firm Australian export prices in USD terms over time, a modest bullish factor for Australian feed grain values in the medium term.
octabroker.comDec 2, 2021Not 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.
