# Could Australian Dollar Fall to Historic Lows?

> CME analysis examines whether the Australian dollar could return to its historic lows near 0.50 this decade, noting it has fallen as much as 38% from recent highs. The analysis cites Australia's heavy reliance on Chinese demand for iron ore and coal.

- Date: 2017-06-14 · published 2017-06-14T12:00:00.000Z
- Category: macro · region Australia · magnitude low
- Page: https://feedsoft.ai/events/70773-could-australian-dollar-fall-to-historic-lows
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

Long-term AUD weakness would reflect doubts about Chinese commodity demand, a risk for exporters of raw materials, but this is a forecast rather than a current shock.

## Read by commodity

- AUDUSD: bearish ▼

## Sources

- cmegroup.com: https://www.cmegroup.com/education/featured-reports/could-australian-dollar-fall-to-historic-lows

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