# Multiple fault lines for the Aussie dollar

> An opinion piece explains that the Australian dollar's rise above 80 US cents is mainly a reflection of broad US dollar weakness, which fell about 3.5% in January. The author questions whether the rally can last given the dollar's trajectory.

- Date: 2018-01-30 · published 2018-01-30T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/67228-multiple-fault-lines-for-the-aussie-dollar
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Dollar weakness supports dollar-priced commodities and can encourage importers to buy. The piece is analysis of currency drivers rather than a new market-moving event.

## Read by commodity

- DXY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2020-04-22 | [Forecasts for the loonie and U.S. dollar](https://feedsoft.ai/events/53870-forecasts-for-the-loonie-and-u-s-dollar.md) | -0.4% | -1.1% |
| DXY | 2024-10-31 | [Australian dollar defies the triple threat - MacroBusiness](https://feedsoft.ai/events/28126-australian-dollar-defies-the-triple-threat-macrobusiness.md) | +0.7% | +1.4% |
| DXY | 2018-09-26 | [A crucial Fed meeting for the dollar \| articles \| ING THINK](https://feedsoft.ai/events/63240-a-crucial-fed-meeting-for-the-dollar-articles-ing-think.md) | +0.2% | +1.5% |
| DXY | 2023-02-22 | [Watch the dollar for de-globalisation](https://feedsoft.ai/events/37523-watch-the-dollar-for-de-globalisation.md) | +0.6% | +0.2% |
| DXY | 2021-03-23 | [Does the US dollar have further to fall?](https://feedsoft.ai/events/48319-does-the-us-dollar-have-further-to-fall.md) | +0.8% | -0.7% |

## Sources

- thewire.fiig.com.au: https://thewire.fiig.com.au/article/2018/01/30/multiple-fault-lines-for-the-aussie-dollar

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