# Australia, NZ dollars see out tough year, more risk ahead - Markets - Business Recorder

> The Australian and New Zealand dollars held flat after heavy losses this year, with the Aussie at $0.6215 (down 8.8% in 2025 terms, as reported) and the kiwi at $0.5637. Markets see rising odds of rate cuts from the RBA and RBNZ, while Fed cut expectations have been scaled back. Traders also flagged risk from US tariff policy.

- Date: 2024-12-31 · published 2024-12-31T12:00:00.000Z
- Category: macro · region Australia/New Zealand · magnitude low
- Page: https://feedsoft.ai/events/27214-australia-nz-dollars-see-out-tough-year-more-risk-ahead-markets-business
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A weaker Aussie reflects a stronger US dollar and wider yield gaps, which can lower the cost of Australian grain and barley for export buyers. Ongoing tariff uncertainty adds downside risk to China-linked commodity demand.

## Read by commodity

- DXY: bullish ▲
- AUDUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2023-09-26 | [Australia, NZ dollars resilient as US yields surge - Markets - Business Recorder](https://feedsoft.ai/events/34381-australia-nz-dollars-resilient-as-us-yields-surge-markets-business-recorder.md) | +0.8% | +1.3% |
| DXY | 2022-09-20 | [Australia, NZ dollars give ground as yield buffer shrinks - Markets - Business Recorder](https://feedsoft.ai/events/39838-australia-nz-dollars-give-ground-as-yield-buffer-shrinks-markets-business.md) | +2.8% | +2.3% |
| DXY | 2024-10-29 | [Australian dollar undermined by rising US yields ahead of inflation test - Markets - Business Recorder](https://feedsoft.ai/events/28120-australian-dollar-undermined-by-rising-us-yields-ahead-of-inflation-test.md) | -0.2% | +2.1% |
| DXY | 2021-08-30 | [Australia, NZ dollars weighed by COVID-19, Fed prospects - Markets - Business Recorder](https://feedsoft.ai/events/45799-australia-nz-dollars-weighed-by-covid-19-fed-prospects-markets-business-recorder.md) | -0.7% | +0.4% |
| DXY | 2026-08-31 | [Dollar slips ahead of US jobs data - Markets - Business Recorder](https://feedsoft.ai/events/18078-dollar-slips-ahead-of-us-jobs-data-markets-business-recorder.md) | -0.6% | +1.6% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40340378

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.