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JPMorgan's head of global FX strategy Paul Meggyesi says the RBA could become far more accommodating than its peers if the Australian housing market collapses. The Australian dollar is expected to fall as a result.
Expected RBA easing driven by housing weakness would pressure the AUD, raising import costs for feed ingredients priced in US dollars.
afr.comSarah TurnerMar 1, 2019Not 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.
