Loading…
The Australian dollar was on track for its best annual gain since 2010, trading near US$0.7802 with strong iron ore and copper prices. Analysts warned that narrowing Australia-US yield differentials could weigh on the currency next year.
Currency strength alongside high metals prices is a macro backdrop with limited direct grain impact, though a firmer Aussie can marginally reduce Australian export competitiveness for grain.
singapore.timesofnews.comTimes of NewsDec 29, 2017Not 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.
