# Australian dollar ignores gold crash - MacroBusiness

> The Australian dollar held up against developed-market currencies on Monday while gold fell sharply as the US dollar index surged. Oil also declined and copper weakened, while Treasuries rallied and Bunds sold off.

- Date: 2019-09-30 · published 2019-09-30T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/57330-australian-dollar-ignores-gold-crash-macrobusiness
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

A stronger US dollar and weaker commodities broadly pressure dollar-denominated grain and oilseed prices, though this is routine market commentary without a new fundamental driver.

## Read by commodity

- DXY: bullish ▲
- WTI: bearish ▼

## Sources

- macrobusiness.com.au: https://www.macrobusiness.com.au/2019/10/australian-dollar-ignores-gold-crash/

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