# Australian dollar up - Inside FMCG

> The Australian dollar rose on Monday to 70.31 US cents from 70.14 US cents on Friday. Investors had bet that Sino-US trade talks at the G20 would avert a new round of tariffs, at least temporarily.

- Date: 2019-06-30 · published 2019-06-30T12:00:00.000Z
- Category: macro · region Australia · magnitude low
- Page: https://feedsoft.ai/events/58844-australian-dollar-up-inside-fmcg
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

A firmer AUD makes Australian grain and commodity exports pricier in US dollar terms, while trade-deal hopes support risk sentiment for commodities broadly. The move is small and mainly reflects currency-market positioning.

## Read by commodity

- AUDUSD: bullish ▲

## Sources

- insidefmcg.com.au: https://insidefmcg.com.au/2019/07/01/australian-dollar-up-17/

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