# Russia-Ukraine war: Australian dollar on the run as conflict intensifies

> Rates traders are still pricing at least four Reserve Bank of Australia rate increases in 2022, with the first expected at July's meeting. The Australian dollar is weak as the Ukraine war intensifies. National accounts are due Wednesday, with consensus expecting 3% growth in the December quarter.

- Date: 2022-02-28 · published 2022-02-28T12:00:00.000Z
- Category: macro · region Australia · magnitude low
- Page: https://feedsoft.ai/events/42948-russia-ukraine-war-australian-dollar-on-the-run-as-conflict-intensifies
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

Expected RBA tightening supports the AUD and raises financing costs for Australian livestock and feed operators, while the war-driven risk-off move adds volatility to currency-linked feed prices.

## Read by commodity

- AUDUSD: neutral

## Sources

- afr.com: https://www.afr.com/markets/currencies/australian-dollar-on-the-run-as-ukraine-war-intensifies-20220228-p5a079

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