# Dollar drifts higher ahead of Fed decision, Aussie gains on CPI | MarketScreener

> The US dollar drifted up from a one-week low ahead of an expected Fed rate cut, while the Japanese yen was supported by comments from Treasury Secretary Bessent on the BOJ. The Aussie rose 0.2% after hotter-than-expected Australian CPI data cast doubt on near-term RBA easing.

- Date: 2025-10-29 · published 2025-10-29T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/22662-dollar-drifts-higher-ahead-of-fed-decision-aussie-gains-on-cpi-marketscreener
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

Currency moves shift the relative cost of US grain and soymeal exports, and a firmer dollar tends to pressure US commodity prices in global markets.

## Read by commodity

- DXY: bullish ▲
- AUDUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2019-07-29 | [Ringgit falls on stronger dollar direction, markets await Fed decision](https://feedsoft.ai/events/58342-ringgit-falls-on-stronger-dollar-direction-markets-await-fed-decision.md) | +0.6% | +1.5% |
| DXY | 2017-10-06 | [Dollar set for 4th week of gains as markets scent higher rates \| Gold Eagle](https://feedsoft.ai/events/68663-dollar-set-for-4th-week-of-gains-as-markets-scent-higher-rates-gold-eagle.md) | -0.3% | +1.2% |
| DXY | 2026-03-20 | [Grains, oilseeds lower as dollar rises \| MarketScreener](https://feedsoft.ai/events/11694-grains-oilseeds-lower-as-dollar-rises-marketscreener.md) | +0.2% | -1.5% |
| DXY | 2022-01-31 | [Aussie dollar falls below US70¢ ahead of RBA decider](https://feedsoft.ai/events/43383-aussie-dollar-falls-below-us70-ahead-of-rba-decider.md) | -0.8% | -0.7% |
| DXY | 2026-04-29 | [Latin American Markets Wait On The Fed As The Dollar Gains - Finimize](https://feedsoft.ai/events/19924-latin-american-markets-wait-on-the-fed-as-the-dollar-gains-finimize.md) | -0.1% | +0.3% |

## Sources

- marketscreener.com: https://www.marketscreener.com/news/dollar-on-backfoot-ahead-of-expected-fed-cut-aussie-gains-on-cpi-ce7d5ddddb8ef32c

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