# Aussie widens gains to three-year high on RBA rate outlook

> The Australian dollar rose to 0.7091 against the US dollar, its highest level since February 2023, extending a ninth straight session of gains. The move followed hotter-than-expected inflation data and a broad rally in metals and commodities, and it strengthened expectations of a February rate hike.

- Date: 2026-01-29 · published 2026-01-29T12:00:00.000Z
- Category: macro · region Australia · magnitude low
- Page: https://feedsoft.ai/events/21319-aussie-widens-gains-to-three-year-high-on-rba-rate-outlook
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

Stronger commodity prices and rate expectations support the AUD, which makes Australian exports more expensive in US dollars. The effect on feed-grain pricing is modest and mainly through currency competitiveness.

## Read by commodity

- AUDUSD: bullish ▲

## Sources

- economies.com: https://www.economies.com/forex/aud-usd-news/aussie-widens-gains-to-three-year-high-on-rba-rate-outlook-48208

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