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Thursday, December 15, 2016

Exchange rates and Australian commodity prices

By Andrew Woods  |  Source: AWF, WI, AWEX, MLA, RBA, ICS

The relationship between commodity prices and the exchange rate is not a straight forward one, assuming you can predict he exchange rate which is a big assumption. Overnight the United States increased their interest rates by 0.25%, causing a 1¢ fall in the A$. This article takes a look an extensive look at commodity prices and the exchange rate.

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Mecardo information is provided to assist in your marketing decisions. It contains a range of data and views on the current market. It is not intended to constitute advice for a specific purpose. Before taking any action in relation to information contained within this report, you should seek advice from a qualified professional. The information is obtained from a variety of sources and neither Mecardo nor Ag Concepts Advisory will be held liable for any loss or damage whatsoever that may arise from the use of information or for any error or mis-statement contained in this report. 

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