
Market economists are forecasting the Australian dollar could reach US80 cents. The currency rose as high as US73.81 cents on Monday, its strongest level since December 2018, after the Federal Reserve's shift to a higher inflation tolerance weakened the US dollar.
Robust demand for Australian iron ore also supported the currency.
A weaker US dollar and a stronger Aussie tend to lift dollar-denominated commodity prices, which supports import costs for Australian feed buyers. The currency move is driven by Fed policy rather than grain supply.
Belum cukup peristiwa historis yang sebanding untuk analisis historis.
Setelah 1.637 peristiwa makro bearish sebelumnya, Dolar AS (Luas) bergerak median -0,2% selama 5 sesi (39% lebih tinggi; separuh tengah -0,6% sampai +0,3%), dan -0,2% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.