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HSBC's chief economist Paul Bloxham forecast the Australian dollar could climb to 90 US cents in 2018 on stronger global growth, commodity price gains and expected RBA rate hikes. The currency traded near 75.5 cents at the time.
A forecast of higher commodity prices and a firmer Aussie is an outlook view with no immediate supply or demand shift for feed grains.
sbs.com.auDec 7, 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.
