# Australian Dollar Forecast to Soften by Barclays

> 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.

- Date: 2017-03-24 · published 2017-03-24T12:00:00.000Z
- Category: macro · region Australia · magnitude low
- Page: https://feedsoft.ai/events/72252-australian-dollar-forecast-to-soften-by-barclays
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

Expected Chinese policy tightening and falling iron ore prices signal weaker commodity-linked currency and export values for Australian grain shipments.

## Read by commodity

- AUDUSD: bearish ▼

## Sources

- poundsterlinglive.com: https://www.poundsterlinglive.com/aud/6437-australian-dollar-forecast-to-soften-by-barclays

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.