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Bank of America forecasts the Australian dollar could rise toward 76 US cents in 2022, with gains likely in the second half. The currency has been trading between 71 and 72 cents, with the RBA seen as dovish relative to the Fed and ECB.
A forecast AUD rally would make Australian exports pricier in USD terms, but the view is a bank forecast and does not itself move feed prices.
macrobusiness.com.auChris BeckerDec 22, 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.
