# Resource-rich Australian dollar rides out market storm - Markets - Business Recorder

> The Australian and New Zealand dollars held steady on Friday as the Russian invasion of Ukraine boosted prices for resources Australia exports. European gas rose 51% overnight, Asian LNG rose 28%, and Newcastle thermal coal rose 16%. Miner dividend conversions had supported the Aussie earlier in the week.

- Date: 2022-02-25 · published 2022-02-25T12:00:00.000Z
- Category: geopolitics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/42950-resource-rich-australian-dollar-rides-out-market-storm-markets-business-recorder
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md), [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

Surging European and Asian gas and coal prices lift energy costs across feed and processing, while the invasion's energy spike feeds inflation concerns that affect central bank policy.

## Read by commodity

- AUDUSD: neutral
- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2026-03-04 | [Dollar firms, euro stumbles as energy prices surge \| MarketScreener](https://feedsoft.ai/events/11005-dollar-firms-euro-stumbles-as-energy-prices-surge-marketscreener.md) | -0.9% | -6.3% |
| NATGAS | 2021-09-27 | ['Perfect storm' causes fertilizer price spike - MarketsFarm](https://feedsoft.ai/events/45025-perfect-storm-causes-fertilizer-price-spike-marketsfarm.md) | +9.7% | +1.4% |
| NATGAS | 2026-04-02 | [Oil Spikes, Stocks Tumble After Trump Delivers Fiery Speech on Iran War - Business Insider](https://feedsoft.ai/events/12924-oil-spikes-stocks-tumble-after-trump-delivers-fiery-speech-on-iran-war-business.md) | -6.2% | -6.9% |
| NATGAS | 2026-03-02 | [Euro Declines on Dollar Strength](https://feedsoft.ai/events/11007-euro-declines-on-dollar-strength.md) | +7.5% | +4.0% |
| NATGAS | 2022-08-26 | [GLOBAL LNG-Asia LNG price hits record high ahead of Nord Stream outage](https://feedsoft.ai/events/40213-global-lng-asia-lng-price-hits-record-high-ahead-of-nord-stream-outage.md) | -1.1% | -27.9% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40157092

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