# Australian Dollar rises as RBA rate hike odds increase

> AUD/USD rose to about 0.7200 in Asian trade as strong July inflation lifted Reserve Bank of Australia rate-hike bets. Markets priced roughly a 50% chance of a September RBA hike and a fully priced November move. Major banks including NAB, CBA and ANZ revised their cash-rate forecasts higher.

- Date: 2026-08-28 · published 2026-08-28T12:00:00.000Z
- Category: macro · region Australia · magnitude low
- Page: https://feedsoft.ai/events/18152-australian-dollar-rises-as-rba-rate-hike-odds-increase
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

Higher Australian rates support the Aussie and can squeeze the competitiveness of Australian grain exports priced in US dollars. Broader flows toward higher-yielding currencies also influence the Aussie's trend.

## Read by commodity

- AUDUSD: bullish ▲

## Sources

- fxstreet.com: https://www.fxstreet.com/news/australian-dollar-rises-as-rba-rate-hike-odds-increase-202608280214

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