# A$ one tweet away from a tumble: Westpac

> Westpac currency strategists say fears of tweet-driven US trade conflict will keep the Australian dollar below 75 US cents. The Aussie fell to a seven-month low of 71.76 cents late last year and is about as cheap as it has been in a decade on Westpac's fair value models.

- Date: 2017-01-08 · published 2017-01-08T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/73251-a-one-tweet-away-from-a-tumble-westpac
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

Trade-war risk under Trump could hit China-bound US and Australian agricultural flows, while a cheap Aussie supports Australian grain competitiveness.

## Read by commodity

- AUDUSD: neutral

## Sources

- afr.com: https://www.afr.com/markets/a-one-tweet-away-from-a-tumble-westpac-20170108-gtnr7e

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