Mitsubishi UFJ Financial Group analyst Derek Halpenny said in a report that if an AI-related sell-off occurs, the Australian dollar could be the most vulnerable currency. He cited Australia’s recent surge in data-center construction and other AI investment, which increases the AUD’s sensitivity to AI industry dynamics. Halpenny added the country’s energy and commodity exposure would exacerbate the impact via weaker terms of trade.

2026-11-13

Mitsubishi UFJ Financial Group analyst Derek Halpenny said in a report that if an AI-related sell-off occurs, the Australian dollar could be the most vulnerable currency. He cited Australia’s recent surge in data-center construction and other AI investment, which increases the AUD’s sensitivity to AI industry dynamics. Halpenny added the country’s energy and commodity exposure would exacerbate the impact via weaker terms of trade.