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Barclays expects the Australian dollar to fall gradually against the USD during 2017, citing China's curbs on property speculation and informal credit. The bank also forecasts iron ore falling to the mid-$50s per tonne in the second half of 2017.
Expected Chinese policy tightening and falling iron ore prices signal weaker commodity-linked currency and export values for Australian grain shipments.
poundsterlinglive.comNews, Data, ForecastsMar 24, 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.
