# Australian Dollar holds near one-month highs with CPI and Fed in focus

> AUD/USD traded near 0.7027, close to one-month highs, as expectations grew for another Reserve Bank of Australia rate hike in November. Markets awaited Australia's September CPI, forecast at 0.7% month-on-month and 4.2% year-on-year, and the Fed decision due Wednesday. Equity markets recovered as concerns over heavy AI spending eased.

- Date: 2026-10-27 · published 2026-10-27T12:00:00.000Z
- Category: macro · region Australia · magnitude low
- Page: https://feedsoft.ai/events/17326-australian-dollar-holds-near-one-month-highs-with-cpi-and-fed-in-focus
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

Expected RBA tightening supports the Aussie and reflects inflation pressure in a major exporter's economy. The currency move affects the cost of Australian commodity exports priced in US dollars.

## Read by commodity

- AUDUSD: bullish ▲

## Sources

- fxstreet.com: https://www.fxstreet.com/news/australian-dollar-holds-near-one-month-highs-with-cpi-and-fed-in-focus-202610271806

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