# Australian Dollar reverses post-PCE rebound as Fed hike bets shift

> AUD/USD fell 0.41% to about 0.6960 after fully erasing its rebound from softer-than-expected US PCE inflation, with headline PCE at 3.4% and core at 3%. Stronger US employment and growth data kept the dollar bid, and markets pushed expectations for the next Fed hike toward December.

- Date: 2026-09-30 · published 2026-09-30T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/17717-australian-dollar-reverses-post-pce-rebound-as-fed-hike-bets-shift
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

A firmer dollar and fewer Fed hike bets weigh on dollar-priced commodities and can pressure US export competitiveness; the effect on feed grains is indirect and modest.

## Read by commodity

- DXY: bullish ▲
- AUDUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2022-01-17 | [Dollar edges up as traders assess Fed rate hike bets \| Reuters](https://feedsoft.ai/events/43326-dollar-edges-up-as-traders-assess-fed-rate-hike-bets-reuters.md) | +0.7% | +0.7% |
| DXY | 2026-10-26 | [Australian Dollar eases from peak as RBA hike odds rise before CPI](https://feedsoft.ai/events/17329-australian-dollar-eases-from-peak-as-rba-hike-odds-rise-before-cpi.md) | +0.3% | — |
| DXY | 2026-05-15 | [Dollar climbs for fifth straight day as Fed rate hike bets grow](https://feedsoft.ai/events/19469-dollar-climbs-for-fifth-straight-day-as-fed-rate-hike-bets-grow.md) | +0.6% | +0.7% |
| DXY | 2025-09-19 | [Dollar extends post-Fed rebound; sterling hit by fiscal worries \| Reuters](https://feedsoft.ai/events/23081-dollar-extends-post-fed-rebound-sterling-hit-by-fiscal-worries-reuters.md) | +0.7% | +0.9% |
| DXY | 2020-08-28 | [Fed Shift Boosts U.S. Dollar, But Asian Markets Shrug](https://feedsoft.ai/events/51529-fed-shift-boosts-u-s-dollar-but-asian-markets-shrug.md) | -0.5% | +1.0% |

## Sources

- fxstreet.com: https://www.fxstreet.com/news/australian-dollar-reverses-post-pce-rebound-as-us-dollar-recovers-202609301545

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