# AUD/USD steadies as RBA rate cut bets ease, Fed decision in focus

> AUD/USD steadied near 0.6560 after reaching a three-week high as markets cut the chance of an RBA rate cut to 15% from 60%. Traders awaited Australian inflation data and the Trump-Xi meeting, with trade talks reportedly reaching consensus on key issues.

- Date: 2025-10-28 · published 2025-10-28T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/22669-aud-usd-steadies-as-rba-rate-cut-bets-ease-fed-decision-in-focus
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

Easing US-China trade tensions support Chinese demand for US soybeans and grains, while the firmer AUD reflects reduced RBA easing expectations.

## Read by commodity

- SOY: bullish ▲
- AUDUSD: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2024-08-02 | [Dollar hits four-month low as weak US jobs data boosts rate cut bets](https://feedsoft.ai/events/9285-dollar-hits-four-month-low-as-weak-us-jobs-data-boosts-rate-cut-bets.md) | -1.2% | -4.7% |
| SOY | 2021-04-28 | [Fed decision April 2021: Interest rates held near zero, sees faster growth](https://feedsoft.ai/events/47513-fed-decision-april-2021-interest-rates-held-near-zero-sees-faster-growth.md) | +1.8% | -2.5% |
| SOY | 2023-10-31 | [US dollar falls as markets believe Fed is done hiking rates \| Reuters](https://feedsoft.ai/events/11457-us-dollar-falls-as-markets-believe-fed-is-done-hiking-rates-reuters.md) | +4.5% | +5.0% |
| SOY | 2025-10-30 | [Dollar rises against the real, still influenced by Fed decision \| Brasil 247](https://feedsoft.ai/events/22619-dollar-rises-against-the-real-still-influenced-by-fed-decision-brasil-247.md) | +3.7% | +4.7% |
| SOY | 2025-08-22 | [Canadian dollar rallies the most in three months as Fed’s Powell signals possible rate cut - The Globe and Mail](https://feedsoft.ai/events/23555-canadian-dollar-rallies-the-most-in-three-months-as-fed-s-powell-signals.md) | -0.6% | -0.9% |

## Sources

- fxstreet.com: https://www.fxstreet.com/news/aud-usd-steadies-as-rba-rate-cut-expectations-fade-fed-decision-looms-202510281126

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