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Monday, March 21, 2016

Rising AUD not helping seasonal pressure

By Angus Brown  |  Source: NLRS, RBA

The rapid rise in the Australian dollar over the last ten days has caught many by surprise. In cattle markets the stronger exchange rate is seemingly being felt quite quickly, when generally there is a bit of a lag. Here we take a look at what the rising exchange rate might mean in the short term, and what we can expect if there is a turnaround in currency levels.

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