# Aussie Extends Losing Streak

> The Australian dollar fell to around $0.685, its lowest since January, after a seventh straight session of losses driven by higher energy prices and safe-haven US dollar demand. Australia's prime minister announced a temporary cut to fuel taxes.

- Date: 2026-03-30 · published 2026-03-30T12:00:00.000Z
- Category: macro · region Australia · magnitude low
- Page: https://feedsoft.ai/events/20412-aussie-extends-losing-streak
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Energy-driven risk aversion strengthens the USD against commodity currencies and the fuel tax cut shows rising energy cost pressure on farm and freight logistics.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2019-03-04 | [US dollar extends rising streak even as euro slips - The Business Times](https://feedsoft.ai/events/60270-us-dollar-extends-rising-streak-even-as-euro-slips-the-business-times.md) | +0.7% | +0.5% |
| DXY | 2016-11-14 | [EUR USD breaks down to new 2016 low as dollar extends strength](https://feedsoft.ai/events/9135-eur-usd-breaks-down-to-new-2016-low-as-dollar-extends-strength.md) | +1.4% | +0.8% |
| DXY | 2016-11-18 | [Euro record losing streak: what's behind the drop in the single currency?](https://feedsoft.ai/events/74036-euro-record-losing-streak-what-s-behind-the-drop-in-the-single-currency.md) | +1.0% | +1.3% |
| DXY | 2020-09-23 | [Corn ends lower on strong dollar](https://feedsoft.ai/events/11767-corn-ends-lower-on-strong-dollar.md) | +0.8% | -1.4% |
| DXY | 2020-08-18 | [Dollar extends gain but shares retreat as Fed signals stimulus](https://feedsoft.ai/events/51791-dollar-extends-gain-but-shares-retreat-as-fed-signals-stimulus.md) | +0.1% | -1.0% |
| DIESEL | 2020-11-27 | [Diesel markets closing out a strong November - FreightWaves](https://feedsoft.ai/events/50321-diesel-markets-closing-out-a-strong-november-freightwaves.md) | -0.4% | +7.0% |
| DIESEL | 2023-10-31 | [Astral Foods confirms it will report its first loss in upcoming results](https://feedsoft.ai/events/33774-astral-foods-confirms-it-will-report-its-first-loss-in-upcoming-results.md) | -0.1% | -3.9% |
| DIESEL | 2021-06-28 | [New streak underway: DOE/EIA diesel price up 9th straight week - FreightWaves](https://feedsoft.ai/events/46785-new-streak-underway-doe-eia-diesel-price-up-9th-straight-week-freightwaves.md) | +1.5% | +0.3% |

## Sources

- tradingeconomics.com: https://tradingeconomics.com/australia/currency/news/537242

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