# Australian Dollar eases from peak as RBA hike odds rise before CPI

> AUD/USD fell 0.24% to around 0.7015 after touching a one-month high on Monday. Traders expected another Reserve Bank of Australia rate hike at its November meeting after hawkish remarks from Assistant Governor Sarah Hunter. Australia's CPI release and the Fed decision were both due later in the week.

- Date: 2026-10-26 · published 2026-10-26T12:00:00.000Z
- Category: macro · region Australia · magnitude low
- Page: https://feedsoft.ai/events/17329-australian-dollar-eases-from-peak-as-rba-hike-odds-rise-before-cpi
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Expected RBA tightening supports the Aussie, while a firmer US dollar limits its gains. The currency direction matters for the dollar cost of Australian grain and meat exports.

## Read by commodity

- DXY: bullish ▲
- AUDUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-09-30 | [Australian Dollar reverses post-PCE rebound as Fed hike bets shift](https://feedsoft.ai/events/17717-australian-dollar-reverses-post-pce-rebound-as-fed-hike-bets-shift.md) | -0.1% | +0.7% |
| DXY | 2026-07-31 | [Australian Dollar holds despite weak Chinese PMIs](https://feedsoft.ai/events/18600-australian-dollar-holds-despite-weak-chinese-pmis.md) | -0.1% | -1.1% |
| DXY | 2022-10-28 | [Gold down 1% as dollar, yields rise on Fed rate-hike bets](https://feedsoft.ai/events/39036-gold-down-1-as-dollar-yields-rise-on-fed-rate-hike-bets.md) | +1.2% | -2.4% |
| DXY | 2022-11-18 | [Australian Dollar Filleted by Fedspeak as US Dollar Resumes Ascendency \| Forex trading, free forex education \| Forex.ca](https://feedsoft.ai/events/38927-australian-dollar-filleted-by-fedspeak-as-us-dollar-resumes-ascendency-forex.md) | -0.5% | -1.1% |
| DXY | 2025-03-31 | [Australian Dollar tumbles as AUD/USD eyes RBA after hitting multi-week low](https://feedsoft.ai/events/25844-australian-dollar-tumbles-as-aud-usd-eyes-rba-after-hitting-multi-week-low.md) | -0.5% | -2.8% |

## Sources

- fxstreet.com: https://www.fxstreet.com/news/australian-dollar-retreats-from-recent-peak-as-rba-hike-odds-rise-ahead-cpi-202610261534

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