# Aussie dollar slumps to three-year lows, below US65c - Sheep Central

> The Australian dollar fell to about US64.39 cents, its lowest since early 2009 apart from a brief COVID dip, amid global growth fears and Fed tightening. Exporters say a weaker dollar helps competitiveness but is only partly offsetting losses on slaughter cattle.

- Date: 2022-09-28 · published 2022-09-28T12:00:00.000Z
- Category: macro · region Australia · magnitude low
- Page: https://feedsoft.ai/events/39841-aussie-dollar-slumps-to-three-year-lows-below-us65c-sheep-central
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A lower AUD improves Australian beef and lamb export competitiveness, which can support cattle prices, while the broad dollar strength weighs on global commodity values.

## Read by commodity

- DXY: bullish ▲
- AUDUSD: bearish ▼
- LCATTLE: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2021-07-14 | [SE Asia Report: COVID surge creating havoc across Asia - Beef Central](https://feedsoft.ai/events/46013-se-asia-report-covid-surge-creating-havoc-across-asia-beef-central.md) | -0.5% | +1.5% |
| LCATTLE | 2025-05-23 | [Beef Demand – The Key to Cattle Prices \| Farm Bureau Intel Markets \| American Farm Bureau Federation](https://feedsoft.ai/events/24800-beef-demand-the-key-to-cattle-prices-farm-bureau-intel-markets-american-farm.md) | +0.1% | +4.5% |
| LCATTLE | 2026-01-28 | [Is the beef market headed for a crash?](https://feedsoft.ai/events/21196-is-the-beef-market-headed-for-a-crash.md) | +2.0% | +4.6% |
| LCATTLE | 2019-02-01 | [U.S. cow herd stable \| The Western Producer](https://feedsoft.ai/events/60543-u-s-cow-herd-stable-the-western-producer.md) | +0.8% | +3.3% |
| LCATTLE | 2026-08-30 | [Cattle break-even prices enter uncharted territory – AgriNews](https://feedsoft.ai/events/18029-cattle-break-even-prices-enter-uncharted-territory-agrinews.md) | -2.7% | -0.3% |
| DXY | 2022-09-01 | [Pound Slumps to Fresh Two-year Lows against Dollar](https://feedsoft.ai/events/40290-pound-slumps-to-fresh-two-year-lows-against-dollar.md) | +0.8% | +3.2% |
| DXY | 2020-03-19 | [FOREX-Euro plunges to three-year lows as dollar demand jumps](https://feedsoft.ai/events/6270-forex-euro-plunges-to-three-year-lows-as-dollar-demand-jumps.md) | +0.5% | -0.9% |
| DXY | 2016-12-15 | [Aussie dollar slump 'knee-jerk' reaction to Fed](https://feedsoft.ai/events/73707-aussie-dollar-slump-knee-jerk-reaction-to-fed.md) | +1.6% | +1.1% |

## Sources

- sheepcentral.com: https://www.sheepcentral.com/aussie-dollar-slumps-to-three-year-lows-below-us65c/

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