# AUD/USD: More Losses Likely as After U.S. GDP, Australian CPI Data | tastylive

> The Australian dollar has fallen for five consecutive weeks to its lowest in nearly three months as traders repriced US rate expectations after hot US economic data. Australian CPI and US GDP are due this week.

- Date: 2024-10-30 · published 2024-10-30T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/28124-aud-usd-more-losses-likely-as-after-u-s-gdp-australian-cpi-data-tastylive
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A firmer dollar from repriced Fed expectations pressures dollar-denominated commodity prices and shifts relative export competitiveness between US and Australian product.

## Read by commodity

- DXY: bullish ▲
- AUDUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2025-03-31 | [Australian Dollar tumbles as AUD/USD eyes RBA after hitting multi-week low](https://feedsoft.ai/events/25844-australian-dollar-tumbles-as-aud-usd-eyes-rba-after-hitting-multi-week-low.md) | -0.5% | -2.8% |
| DXY | 2023-02-15 | [Most Asian Currencies Hit 1-Month Lows As Dollar Firms After U.S. CPI Data](https://feedsoft.ai/events/37602-most-asian-currencies-hit-1-month-lows-as-dollar-firms-after-u-s-cpi-data.md) | +0.8% | +1.8% |
| DXY | 2024-05-31 | [USD/INR trims losses ahead of Indian GDP, US PCE data](https://feedsoft.ai/events/30562-usd-inr-trims-losses-ahead-of-indian-gdp-us-pce-data.md) | +0.3% | +1.8% |
| DXY | 2023-05-11 | [Australian dollar analysis: AUD/USD drops sharply as US data slows \| FOREX.com Singapore](https://feedsoft.ai/events/36207-australian-dollar-analysis-aud-usd-drops-sharply-as-us-data-slows-forex-com.md) | +0.9% | +0.8% |
| DXY | 2026-05-28 | [Australian dollar holds near weekly low vs USD; eyes US PCE data](https://feedsoft.ai/events/19503-australian-dollar-holds-near-weekly-low-vs-usd-eyes-us-pce-data.md) | +0.2% | +1.6% |

## Sources

- tastylive.com: https://www.tastylive.com/news-insights/aud-usd-more-losses-likely-us-gdp-australian-cpi-data

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