# Australian Dollar and Lockdowns: RBA Caution Over Lockdowns Could Trigger Weakness

> Analysts say new lockdowns in Australia, now covering Sydney, Darwin and Perth and about 80% of the population, could weaken the Australian dollar if the RBA turns more cautious. The RBA meets on July 6, and Goldman Sachs has forecast a softer AUD profile. Internal border controls are also tightening.

- Date: 2021-06-29 · published 2021-06-29T12:00:00.000Z
- Category: macro · region Australia · magnitude low
- Page: https://feedsoft.ai/events/46850-australian-dollar-and-lockdowns-rba-caution-over-lockdowns-could-trigger
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

Lockdowns cut Australian business activity and could shift central bank policy, which moves the Australian dollar and export pricing. The impact on feed commodity markets is limited.

## Sources

- poundsterlinglive.com: https://www.poundsterlinglive.com/aud/15601-australian-dollar-and-lockdowns-rba-caution-over-lockdowns-could-trigger-weakness

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