# AUD/USD and NZD/USD Fundamental Daily Forecast – Investors Flee Riskier Aussie, Kiwi for Safe-Havens | FXEmpire

> The Australian and New Zealand dollars fell on Friday as investors moved into safe-haven assets after a new COVID-19 variant was reported in South Africa, Botswana and Hong Kong. The AUD/USD settled at 0.7122, down 0.93%, and NZD/USD at 0.6821, down 0.52%.

- Date: 2021-11-28 · published 2021-11-28T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/44301-aud-usd-and-nzd-usd-fundamental-daily-forecast-investors-flee-riskier-aussie
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Pandemic-driven risk aversion weakens commodity-linked currencies and lifts the dollar, which can pressure dollar-denominated grain and oilseed prices. Feed buyers may see softer prices for Australian and New Zealand origins.

## Read by commodity

- DXY: bullish ▲
- AUDUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2021-07-31 | [AUD/USD and NZD/USD Fundamental Daily Forecast – Rally Fades on Lower Investor Sentiment, Upbeat US Data](https://feedsoft.ai/events/46318-aud-usd-and-nzd-usd-fundamental-daily-forecast-rally-fades-on-lower-investor.md) | +0.6% | +0.6% |
| DXY | 2021-04-30 | [AUD/USD and NZD/USD Fundamental Daily Forecast – Aussie, Kiwi Plunge after Late Session Surge by US Dollar](https://feedsoft.ai/events/47855-aud-usd-and-nzd-usd-fundamental-daily-forecast-aussie-kiwi-plunge-after-late.md) | +0.1% | -0.8% |
| DXY | 2020-01-24 | [Dollar dips vs yen as investors reach for safe havens on virus scare](https://feedsoft.ai/events/55319-dollar-dips-vs-yen-as-investors-reach-for-safe-havens-on-virus-scare.md) | +0.2% | +1.3% |
| DXY | 2023-09-27 | [Won plummets as investors flock to safe-haven dollar](https://feedsoft.ai/events/34360-won-plummets-as-investors-flock-to-safe-haven-dollar.md) | +1.1% | +1.1% |
| DXY | 2022-09-22 | [Loonie slides after Fed rate hike as investors retreat to safe haven of U.S. dollar \| Advisor.ca](https://feedsoft.ai/events/39818-loonie-slides-after-fed-rate-hike-as-investors-retreat-to-safe-haven-of-u-s.md) | +1.9% | +1.8% |

## Sources

- fxempire.com: https://www.fxempire.com/forecasts/article/aud-usd-and-nzd-usd-fundamental-daily-forecast-investors-flee-riskier-aussie-kiwi-for-safe-havens-823185

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