# Australian housing slump may force RBA reset, $A drop

> JPMorgan's head of global FX strategy Paul Meggyesi says the RBA could become far more accommodating than its peers if the Australian housing market collapses. The Australian dollar is expected to fall as a result.

- Date: 2019-03-01 · published 2019-03-01T12:00:00.000Z
- Category: macro · region Australia · magnitude low
- Page: https://feedsoft.ai/events/60355-australian-housing-slump-may-force-rba-reset-a-drop
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

Expected RBA easing driven by housing weakness would pressure the AUD, raising import costs for feed ingredients priced in US dollars.

## Read by commodity

- AUDUSD: bearish ▼

## Sources

- afr.com: https://www.afr.com/markets/australian-housing-slump-may-force-rba-reset-a-drop-20190301-h1bvh5

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