# U.S. Dollar’s Rise Puts Canada, Australia, New Zealand in Spotlight

> A rising U.S. dollar is putting pressure on currencies of Canada, Australia and New Zealand, according to a Wall Street Journal report. Currency traders in those countries are watching the dollar's strength closely. The report gives no specific levels or new data.

- Date: 2018-08-26 · published 2018-08-26T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/63772-u-s-dollar-s-rise-puts-canada-australia-new-zealand-in-spotlight
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

A stronger U.S. dollar lowers the local-currency cost of U.S. feed and grain exports to these countries but raises the cost of their imports priced in dollars. The effect on commodity prices from this report alone is limited.

## Read by commodity

- AUDUSD: bearish ▼
- USDCAD: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2017-08-31 | [Australian Dollar has 80c in sight - OFX](https://feedsoft.ai/events/69699-australian-dollar-has-80c-in-sight-ofx.md) | -1.4% | +0.8% |
| DXY | 2017-07-31 | [Australian Dollar retests 80 U.S. cents - OFX](https://feedsoft.ai/events/70236-australian-dollar-retests-80-u-s-cents-ofx.md) | +0.3% | -0.5% |
| DXY | 2022-09-22 | [SBS On the Money: Why US rate rise means higher Australian rates and lower dollar \| SBS News](https://feedsoft.ai/events/39837-sbs-on-the-money-why-us-rate-rise-means-higher-australian-rates-and-lower.md) | +1.9% | +1.8% |
| DXY | 2018-09-28 | [Australian dollar drops on greenback strength, stocks rise - ABC News](https://feedsoft.ai/events/63297-australian-dollar-drops-on-greenback-strength-stocks-rise-abc-news.md) | +0.6% | +1.3% |
| DXY | 2017-09-20 | [Australian dollar pushed higher by US dollar weakness - ABC News](https://feedsoft.ai/events/69181-australian-dollar-pushed-higher-by-us-dollar-weakness-abc-news.md) | +1.1% | +1.9% |

## Sources

- wsj.com: https://www.wsj.com/articles/u-s-dollars-rise-puts-canada-australia-new-zealand-in-spotlight-1535284801

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