# Australia, NZ dollars seen down slightly this year: poll - The Business Times

> A Reuters poll of 50 analysts sees the Australian dollar slipping to US$0.7300 in one month and US$0.7200 in three months. The New Zealand dollar is forecast to drop toward 69 US cents, with both currencies' relatively high yields limiting the decline.

- Date: 2017-01-05 · published 2017-01-05T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/73258-australia-nz-dollars-seen-down-slightly-this-year-poll-the-business-times
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Forecast weakness in the Aussie and kiwi reflects a stronger US dollar, which tends to weigh on dollar-denominated commodity prices, though the impact on feed markets is indirect.

## Read by commodity

- DXY: bullish ▲
- AUDUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2016-11-13 | [Australia, NZ dollars hit 1-month lows as USD, US bond yields surge - The Business Times](https://feedsoft.ai/events/74098-australia-nz-dollars-hit-1-month-lows-as-usd-us-bond-yields-surge-the-business.md) | +1.4% | +0.8% |
| DXY | 2024-12-31 | [Australia, NZ dollars see out tough year, more risk ahead - Markets - Business Recorder](https://feedsoft.ai/events/27214-australia-nz-dollars-see-out-tough-year-more-risk-ahead-markets-business.md) | -0.2% | -0.4% |
| DXY | 2023-09-28 | [Australian dollar pinned near fresh 11-mth low, support shaky  - The Business Times](https://feedsoft.ai/events/34380-australian-dollar-pinned-near-fresh-11-mth-low-support-shaky-the-business-times.md) | +0.5% | +0.8% |
| DXY | 2023-05-30 | [US dollar set to be stronger for longer - The Business Times](https://feedsoft.ai/events/36141-us-dollar-set-to-be-stronger-for-longer-the-business-times.md) | -0.5% | -1.4% |
| DXY | 2019-03-04 | [US dollar extends rising streak even as euro slips - The Business Times](https://feedsoft.ai/events/60270-us-dollar-extends-rising-streak-even-as-euro-slips-the-business-times.md) | +0.7% | +0.5% |

## Sources

- businesstimes.com.sg: https://www.businesstimes.com.sg/companies-markets/banking-finance/australia-nz-dollars-seen-down-slightly-year-poll

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