The Australian dollar dropped to about 73.40 US cents by the weekend, down 4 percent from November 1 and 5.4 percent from its November 8 peak. The decline followed the strong US dollar, which reached 13-year highs, and expectations of Fed tightening.
Analysts said the currency's weakness helps Australian exporters.
A weaker Aussie dollar lowers the cost of Australian exports in US dollars, which can add supply pressure to global grain and feed markets. The drop reflects expected Fed tightening rather than any change in Australian crop supply.
Belum cukup peristiwa historis yang sebanding untuk analisis historis.
Setelah 2.356 peristiwa makro bullish sebelumnya, Dolar AS (Luas) bergerak median +0,2% selama 5 sesi (60% lebih tinggi; separuh tengah -0,3% sampai +0,7%), dan +0,4% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.