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Commodities Briefing - Categorized | Commentaries, Market Moves more

Commodity predictions for 2013

Posted on 01 February 2013

Dry conditions and the high Australian dollar will have a big impact on commmodity prices this year. Rabobank commodity analyst Tracey Allen said the elevated Aussie dollar would put pressure on export earnings and create a “headwind through 2013.”
“We’re beginning to see agribusinesses come to terms witn the higher dollar and look for economies elsewhere,” Ms Allen said. She said the higher dollar was being driven by weakness in the US dollar………………………………………..Full Article: Source


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