# AUD/USD jumps to near 0.6530 as Fed dovish bets weigh on US Dollar

> AUD/USD climbed to near 0.6530 on Thursday as the US dollar fell sharply, with DXY near 97.90. Traders increasingly expected a Federal Reserve rate cut in September and doubted the RBA would cut again next month.

- Date: 2025-08-28 · published 2025-08-28T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/23569-aud-usd-jumps-to-near-0-6530-as-fed-dovish-bets-weigh-on-us-dollar
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

A softer dollar tends to support dollar-denominated commodity prices, though this is a routine currency move without a new supply or demand shock.

## Read by commodity

- DXY: bearish ▼
- AUDUSD: bullish ▲

## Sources

- fxstreet.com: https://www.fxstreet.com/news/aud-usd-jumps-to-near-06530-as-fed-dovish-bets-weigh-on-us-dollar-202508281111

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