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Analysts note that the Australian dollar has been weighed down by falling iron ore prices, even as other commodities have rallied. The article says the AUD correlation with iron ore is strong and the currency remains vulnerable.
Iron ore is unrelated to feed grain balances, so the link to feed buyers is indirect and mainly through AUD-driven export competitiveness. The article is mostly a currency analysis.
poundsterlinglive.comNews, Data, ForecastsDec 1, 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.
