# Why is the Australian dollar not following iron ore? - MacroBusiness

> Bloomberg reports the Australian dollar has not tracked falling iron ore prices, with strategists saying it should be weaker. Markets now price roughly a one-in-five chance the RBA cuts rates from 1.5 per cent in September. The commentary points to a declining US dollar supporting the Aussie.

- Date: 2017-04-19 · published 2017-04-19T12:00:00.000Z
- Category: market · region Australia · magnitude low
- Page: https://feedsoft.ai/events/71763-why-is-the-australian-dollar-not-following-iron-ore-macrobusiness
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

Iron ore and the Aussie are both commodity-linked signals, and a divergence between them can shift currency-driven export pricing. Direct impact on feed commodities is limited.

## Sources

- macrobusiness.com.au: https://www.macrobusiness.com.au/2017/04/australian-dollar-not-following-iron-ore/

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