# Australian dollar jumps after Trump says strong greenback is 'killing' US

> The Australian dollar hit a two-month high of about 75.57 US cents after President-elect Trump told the Wall Street Journal the strong dollar is 'killing' US companies and blamed China's currency policy. Sterling also jumped nearly 3 percent against the dollar.

- Date: 2017-01-17 · published 2017-01-17T12:00:00.000Z
- Category: macro · region Global · magnitude medium
- Page: https://feedsoft.ai/events/73234-australian-dollar-jumps-after-trump-says-strong-greenback-is-killing-us
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

A weaker dollar on Trump's comments lifts currencies that feed into dollar-denominated commodity prices and shifts relative export competitiveness for feed grains and meal from Australia and the US.

## Read by commodity

- DXY: bearish ▼
- AUDUSD: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2017-04-12 | [Trump says dollar 'getting too strong' -Wall Street Journal](https://feedsoft.ai/events/71682-trump-says-dollar-getting-too-strong-wall-street-journal.md) | -0.7% | +0.3% |
| DXY | 2017-04-13 | [Dollar falls broadly after Trump says currency getting too strong \| Amwal Al Ghad](https://feedsoft.ai/events/71684-dollar-falls-broadly-after-trump-says-currency-getting-too-strong-amwal-al-ghad.md) | -0.1% | +0.2% |
| DXY | 2023-11-29 | [The Australian dollar is surging. Here’s why](https://feedsoft.ai/events/33404-the-australian-dollar-is-surging-here-s-why.md) | +1.0% | -0.9% |
| DXY | 2022-09-23 | [Race to rein in strong dollar is on after Japan intervenes](https://feedsoft.ai/events/39758-race-to-rein-in-strong-dollar-is-on-after-japan-intervenes.md) | +1.1% | +1.2% |
| DXY | 2026-07-30 | [Australian Dollar rallies despite softer CPI as US Dollar tumbles after Fed, weaker data](https://feedsoft.ai/events/18598-australian-dollar-rallies-despite-softer-cpi-as-us-dollar-tumbles-after-fed.md) | -1.2% | -1.9% |

## Sources

- amp.smh.com.au: https://amp.smh.com.au/business/markets/australian-dollar-jumps-after-trump-says-greenback-is-killing-us-20170118-gtthpr.html

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