# CBA: Australian dollar on track for US80¢

> Commonwealth Bank strategists expect the Australian dollar to climb back to US80 cents by mid-year, citing their view of commodity prices and interest rate differentials. The currency traded at US76 cents on Tuesday.

- Date: 2021-04-13 · published 2021-04-13T12:00:00.000Z
- Category: macro · region Australia · magnitude low
- Page: https://feedsoft.ai/events/47858-cba-australian-dollar-on-track-for-us80
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

This is a currency forecast with limited direct effect on feed supply or demand; a firmer AUD would marginally reflect stronger commodity prices but does not change grain balances.

## Sources

- afr.com: https://www.afr.com/markets/currencies/cba-australian-dollar-on-track-for-us80-20210413-p57iu2

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.