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The Australian dollar fell to about 0.6230 against the US dollar on Monday, its lowest in over three weeks. The move followed a stronger US dollar, with the DXY near 104.40, amid risk aversion and tariff fears ahead of the April 2 US reciprocal tariff announcement.
Traders were also awaiting the RBA decision on Tuesday.
A firmer dollar and risk-off sentiment weigh on the AUD and on dollar-denominated grain and feed prices, while tariff uncertainty adds volatility to export demand expectations.
fxstreet.comPatricio MartínMar 31, 2025Not enough comparable past events yet for a historical read.
After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.
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.
