# Australian Dollar Hits 8-week Low

> The Australian dollar dropped to about 0.69, an eleven-week low, as the US dollar strengthened on surging Treasury yields. Markets cut odds of another RBA hike in November after August inflation undershot forecasts, and the dollar index approached an 18-month high.

- Date: 2026-09-30 · published 2026-09-30T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/17721-australian-dollar-hits-8-week-low
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

A stronger dollar index and elevated oil prices push up import costs for feed-importing countries and can weigh on US commodity export competitiveness.

## Read by commodity

- DXY: bullish ▲
- WTI: bullish ▲
- AUDUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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% |
| DXY | 2018-04-26 | ['That's history': Australian dollar has had a week to forget](https://feedsoft.ai/events/65755-that-s-history-australian-dollar-has-had-a-week-to-forget.md) | +0.7% | +2.1% |
| DXY | 2026-05-28 | [Australian dollar holds near weekly low vs USD; eyes US PCE data](https://feedsoft.ai/events/19503-australian-dollar-holds-near-weekly-low-vs-usd-eyes-us-pce-data.md) | +0.2% | +1.6% |
| 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 | 2022-04-29 | [Canadian dollar hits 7-week low - Business & Finance - Business Recorder](https://feedsoft.ai/events/42107-canadian-dollar-hits-7-week-low-business-and-finance-business-recorder.md) | -0.1% | -1.1% |
| WTI | 2017-07-31 | [Australian Dollar retests 80 U.S. cents - OFX](https://feedsoft.ai/events/70236-australian-dollar-retests-80-u-s-cents-ofx.md) | -0.3% | -4.0% |
| WTI | 2023-06-01 | [Rising risk appetite lifts Canadian dollar to two-week high](https://feedsoft.ai/events/35740-rising-risk-appetite-lifts-canadian-dollar-to-two-week-high.md) | +6.5% | +2.6% |
| WTI | 2022-07-19 | [Indian Rupee Hits Weakest Level Ever Against the Dollar](https://feedsoft.ai/events/40777-indian-rupee-hits-weakest-level-ever-against-the-dollar.md) | -4.9% | -12.1% |

## Sources

- tradingeconomics.com: https://tradingeconomics.com/australia/currency/news/588363

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