Loading…
The Australian dollar weakened against the US dollar over the past week after a strong rise in the prior weeks. The move followed inflation data suggesting price pressures are contained, and Trump announced tariff implementation dates for Canada and Mexico plus an extra 10% tariff on Chinese goods.
A weaker Aussie reflects growing global trade risk, which can cut demand for Australian exports and grain and meal shipments. A firmer US dollar also makes dollar-priced feed ingredients more expensive for importers outside the US.
abc.net.auFeb 28, 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.
