# Australian dollar shedding its risk proxy tag

> The Australian dollar has held up well despite the Australian Securities Exchange falling sharply last week on trade war concerns between the United States and China. Currency traders are questioning whether the AUD is becoming less of a global risk barometer.

- Date: 2018-03-25 · published 2018-03-25T12:00:00.000Z
- Category: macro · region Australia · magnitude low
- Page: https://feedsoft.ai/events/66253-australian-dollar-shedding-its-risk-proxy-tag
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

A less risk-sensitive AUD reduces the currency's usual signal for commodity demand sentiment, which matters for buyers tracking Australian export prices. The direct effect on feed grain prices is limited.

## Read by commodity

- AUDUSD: neutral

## Sources

- afr.com: https://www.afr.com/markets/australian-dollar-shedding-its-risk-proxy-tag-20180325-h0xxtu

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