# Aussie, kiwi weaken - Business & Finance - Business Recorder

> The Australian and New Zealand dollars weakened on Tuesday as cautious investors cut risk over rising Covid-19 cases and the greenback firmed on bets of higher US interest rates. The Aussie fell 0.1% to $0.7557 and the kiwi was off 0.1% at $0.7032. Australian bond futures gained.

- Date: 2021-06-28 · published 2021-06-28T12:00:00.000Z
- Category: market · region Australia · magnitude low
- Page: https://feedsoft.ai/events/46847-aussie-kiwi-weaken-business-and-finance-business-recorder
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

A weaker Aussie and kiwi make Australian and New Zealand exports cheaper in US dollars, a minor influence on feed commodity pricing. The move mainly reflects currency and risk sentiment rather than a change in supply or demand.

## Sources

- brecorder.com: https://www.brecorder.com/news/40103525
- brecorder.com: https://www.brecorder.com/news/40103817

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