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Capital Economics forecasts the Australian dollar will fall 16% to 60 US cents this year and stay there through 2020. The forecast cites the lower currency sustaining Australia's tourism and education booms.
A weaker Aussie dollar makes Australian grain and barley exports more competitive on world markets, which can pressure global feed prices.
abc.net.auJan 24, 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.
