# Business Research & Insights

> A National Australia Bank analysis reviews the Australian dollar's volatile start to 2021, including its briefly exceeding 0.80 on February 25 before falling below 0.77 within a day. The piece explains the currency's sensitivity to global risk sentiment and its dependence on foreign funding.

- Date: 2021-03-04 · published 2021-03-04T12:00:00.000Z
- Category: macro · region Australia · magnitude low
- Page: https://feedsoft.ai/events/48361-business-research-and-insights
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

The analysis explains why the Australian dollar moves with global risk appetite, which affects the cost of imported feed and the competitiveness of Australian grain and meat exports, but it contains no new price-moving event.

## Read by commodity

- AUDUSD: neutral

## Sources

- business.nab.com.au: https://business.nab.com.au/currency-spotlight-aud-usd-45103/

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