# Bill Evans: Down, down for the Australian dollar! - MacroBusiness

> Westpac economist Bill Evans says markets have pushed expected Reserve Bank of Australia rate hikes out to 2019, with only about a 40% chance of a move by end-2018. Most economists in the Bloomberg survey now expect no hike before 2019.

- Date: 2018-03-29 · published 2018-03-29T12:00:00.000Z
- Category: macro · region Australia · magnitude low
- Page: https://feedsoft.ai/events/66260-bill-evans-down-down-for-the-australian-dollar-macrobusiness
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

Fewer expected RBA hikes reduce the yield support for the AUD and weigh on the currency. The impact on feed commodities is indirect.

## Read by commodity

- AUDUSD: bearish ▼

## Sources

- macrobusiness.com.au: https://www.macrobusiness.com.au/2018/03/bill-evans-australian-dollar/

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