# Winning and losing stocks from Aussie dollar decline

> Morningstar analysts say the Aussie's slide to 73.5 US cents, a one-year low, is driven by US-China trade tensions and rising US rates. Trump's threatened tariffs on $200 billion of goods have triggered share market volatility, and Morningstar sees a 50% chance of a global recession within two years.

- Date: 2018-06-21 · published 2018-06-21T12:00:00.000Z
- Category: macro · region Australia · magnitude low
- Page: https://feedsoft.ai/events/64778-winning-and-losing-stocks-from-aussie-dollar-decline
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

Global trade slowdown risk reduces demand for commodities and feed inputs from Australia and other exporters, while a weaker Aussie partially offsets this for exporters.

## Read by commodity

- AUDUSD: bearish ▼

## Sources

- morningstar.com.au: https://www.morningstar.com.au/stocks/winning-and-losing-stocks-from-aussie-dollar-decline

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