The horrific developments in Ukraine have turbo-charged commodity prices, a key driver of the AUD. We have made significant changes to our commodity price forecasts. These forecasts are set out the Westpac Market Outlook which has been released today. Our working assumption is that almost all the surge in the oil price is behind us. […]
The post Surge in Commodity Prices Boosts Forecasts and Outlook for AUD appeared first on Action Forex.