# AUD/USD: RBA hike fails to lift Aussie – MUFG — Octa

> MUFG analyst Lee Hardman says the Aussie slipped back below 0.7000 and tested its 200-day moving average near 0.7030 after the RBA's fourth hike to 4.60%. Governor Bullock's cautious remarks on whether policy is restrictive enough tempered expectations for further tightening.

- Date: 2026-09-29 · published 2026-09-29T12:00:00.000Z
- Category: market · region Australia · magnitude low
- Page: https://feedsoft.ai/events/17722-aud-usd-rba-hike-fails-to-lift-aussie-mufg-octa
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

This is currency commentary with no direct effect on feed grain or meal supply and demand; any price impact is indirect through the dollar.

## Read by commodity

- AUDUSD: bearish ▼

## Sources

- octaafrica.net: https://www.octaafrica.net/markets/news/view/1268733/

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