# 'Paradigm Shift': ANZ Remains Bearish on the Australian Dollar As Global Markets Brace for Change - Business Insider

> ANZ analysts remain bearish on the Australian dollar, citing high household debt and low wage growth that are likely to weigh on consumer spending and confidence. The comments came as global markets were bracing for policy shifts.

- Date: 2017-08-30 · published 2017-08-30T12:00:00.000Z
- Category: macro · region Australia · magnitude low
- Page: https://feedsoft.ai/events/69700-paradigm-shift-anz-remains-bearish-on-the-australian-dollar-as-global-markets
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

A weaker outlook for the Australian dollar would make Australian exports cheaper, but the household-sector view does not directly move feed commodity prices.

## Read by commodity

- AUDUSD: bearish ▼

## Sources

- businessinsider.com: https://www.businessinsider.com/paradigm-shift-anz-remains-bearish-on-the-australian-dollar-as-global-markets-brace-for-change-2017-8

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