# Australia, NZ dollars hit 1-month lows as USD, US bond yields surge - The Business Times

> The Australian and New Zealand dollars fell to one-month lows on November 14, extending a fourth straight session of losses. The moves followed soaring US Treasury yields and broad dollar strength after Donald Trump's election. The Aussie was last near US$0.7546.

- Date: 2016-11-13 · published 2016-11-13T12:00:00.000Z
- Category: macro · region Australia · magnitude low
- Page: https://feedsoft.ai/events/74098-australia-nz-dollars-hit-1-month-lows-as-usd-us-bond-yields-surge-the-business
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A weaker Aussie dollar lowers the cost of Australian wheat, barley and barley-based feed in US dollars, which can cap export prices. Dollar strength generally pressures dollar-denominated grain prices.

## Read by commodity

- DXY: bullish ▲
- AUDUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2023-09-26 | [Australia, NZ dollars resilient as US yields surge - Markets - Business Recorder](https://feedsoft.ai/events/34381-australia-nz-dollars-resilient-as-us-yields-surge-markets-business-recorder.md) | +0.8% | +1.3% |
| DXY | 2022-01-26 | [Australian dollar nears one-month low as the US dollar surges and the mood darkens](https://feedsoft.ai/events/43385-australian-dollar-nears-one-month-low-as-the-us-dollar-surges-and-the-mood.md) | +0.2% | -0.4% |
| DXY | 2017-01-05 | [Australia, NZ dollars seen down slightly this year: poll - The Business Times](https://feedsoft.ai/events/73258-australia-nz-dollars-seen-down-slightly-this-year-poll-the-business-times.md) | +0.1% | -2.7% |
| DXY | 2021-09-28 | [Dollar hits 10-1/2-month high as Treasury yields surge - Markets - Business Recorder](https://feedsoft.ai/events/45256-dollar-hits-10-1-2-month-high-as-treasury-yields-surge-markets-business-recorder.md) | +0.5% | -0.1% |
| 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% |

## Sources

- businesstimes.com.sg: https://www.businesstimes.com.sg/companies-markets/banking-finance/australia-nz-dollars-hit-1-month-lows-usd-us-bond-yields-surge

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