# G10 FX week ahead: rate rises in view in Australia, the UK and the US

> Markets expect the Reserve Bank of Australia to raise its cash rate to 4.85% from 4.60% on Tuesday and the Bank of England to lift Bank Rate to 4.00% from 3.75% on Thursday. The Federal Reserve held at 3.75-4.00% last week, but two members voted for a hike, and CME FedWatch puts the odds of a December hike at about 70.7%. The dollar index rose 0.21% in the week to October 30.

- Date: 2026-11-01 · published 2026-11-01T18:09:10.711Z
- Category: macro · region Global · magnitude medium
- Page: https://feedsoft.ai/events/29505-g10-fx-week-ahead-rate-rises-in-view-in-australia-the-uk-and-the-us
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md), [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

Expected rate hikes in Australia and the UK, alongside a possible Fed move, can shift G10 currency values against the dollar. A firmer dollar tends to weigh on US commodity export prices and on the cost of imported feed ingredients for buyers in emerging markets.

## Read by commodity

- DXY: neutral
- AUDUSD: neutral
- GBPUSD: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2024-04-29 | [Market trades with caution ahead of US Fed rate decision this week](https://feedsoft.ai/events/31036-market-trades-with-caution-ahead-of-us-fed-rate-decision-this-week.md) | -0.7% | -1.1% |
| DXY | 2018-01-22 | [Westpac on why the Australian dollar is so strong (AUD rise ahead of fair value model)](https://feedsoft.ai/events/67230-westpac-on-why-the-australian-dollar-is-so-strong-aud-rise-ahead-of-fair-value.md) | -1.2% | -0.8% |
| DXY | 2023-07-31 | [The USD/VND rate may stay steady in 2H23](https://feedsoft.ai/events/35341-the-usd-vnd-rate-may-stay-steady-in-2h23.md) | +0.9% | +2.3% |
| DXY | 2018-12-20 | [US Federal Reserve raises rates and trims outlook for 2019 rate increases  \| The National](https://feedsoft.ai/events/61493-us-federal-reserve-raises-rates-and-trims-outlook-for-2019-rate-increases-the.md) | -0.1% | -1.1% |
| DXY | 2026-07-29 | [South African rand tracks subdued market peers ahead of Fed interest rate decision \| MarketScreener Australia](https://feedsoft.ai/events/18639-south-african-rand-tracks-subdued-market-peers-ahead-of-fed-interest-rate.md) | -0.9% | -2.0% |

## Sources

- forextechtalk.com: https://forextechtalk.com/g10-fx-week-ahead-rba-boe-fed-2-nov-2026/

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