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The Australian dollar rose almost 2% this year to around 63 US cents, its steadiest quarter in two years, even as US shares fell more than 4%. The usual correlation between the Aussie and risk assets has broken down.
The breakdown of the Aussie's link to risk sentiment makes currency moves harder to read for exporters and buyers pricing Australian-origin goods. It reflects broader market disruption from US trade policy.
reuters.comTom WestbrookApr 2, 2025Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
