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The Australian dollar fell through August amid sideways iron ore prices, North Korean tensions and shifting monetary policy elsewhere. Bank of America Merrill Lynch strategists suggest the RBA could soon signal a hawkish shift, and the Aussie was near 0.7884 US cents on the last day of August.
Currency moves and iron ore trends affect Australian export pricing, but the piece offers no direct supply or demand change for feed commodities.
Not 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.