# Australia dollar thumped into 76s as yield spreads bashed - MacroBusiness

> The Australian dollar fell toward 76 US cents after weak inflation data widened the yield spread against the US. New Zealand's currency also weakened on immigration-policy changes. Australian bonds rallied as yields fell.

- Date: 2017-10-25 · published 2017-10-25T12:00:00.000Z
- Category: market · region Australia · magnitude low
- Page: https://feedsoft.ai/events/68703-australia-dollar-thumped-into-76s-as-yield-spreads-bashed-macrobusiness
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

A weaker AUD is mainly a currency and rate-spread story with limited direct consequences for feed commodity supply or prices.

## Sources

- macrobusiness.com.au: https://www.macrobusiness.com.au/2017/10/australia-dollar-thumped-76s-yield-spreads-bashed/

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