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Commentary argues the Australian dollar could fall toward 50 US cents in 2025 due to a weak Chinese economy, threatened US tariffs, weak medium-term export prospects and sluggish domestic growth. It notes the currency has already slid from about 69 US cents to the low 60s.
A sustained decline in the Aussie would lower the dollar cost of Australian exports such as barley, wheat and canola. Tariff risk to China-bound trade could also reduce Australian commodity demand.
abc.net.auIan VerrenderJan 1, 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.
