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The Australian dollar has traded between 70 and 80 US cents since 2015 and is near two-and-a-half-year highs. Analysts are divided, with HSBC forecasting 90 cents by mid-2018 while sceptics see overvaluation.
A strong Aussie dollar raises the cost of Australian grain and meat in US dollar terms, a factor for feed import prices if the trend persists.
abc.net.auLiz HobdaySep 15, 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.
