# Australian dollar hit by coronavirus fears - ABC listen

> Investors have moved into US dollars and bonds, pushing the Australian dollar lower amid coronavirus fears. Airlines and retailers face added uncertainty as financial markets fell sharply during the week.

- Date: 2020-02-28 · published 2020-02-28T12:00:00.000Z
- Category: market · region Australia · magnitude low
- Page: https://feedsoft.ai/events/54854-australian-dollar-hit-by-coronavirus-fears-abc-listen
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

The Aussie's decline reflects a broad flight to safety rather than a specific change in Australian supply, so its impact on feed commodity prices is small.

## Read by commodity

- AUDUSD: bearish ▼

## Sources

- abc.net.au: https://www.abc.net.au/listen/programs/am/australian-dollar-hit-by-coronavirus-fears/12013574

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