# AUD/USD dips amid rising US bond yields, traders await US Durable Goods Orders

> The AUD/USD fell 0.35% on Monday amid rising US Treasury yields and a mixed market mood. Traders were positioning ahead of US durable goods orders, Fed speeches and Australian inflation data.

- Date: 2024-02-26 · published 2024-02-26T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/31929-aud-usd-dips-amid-rising-us-bond-yields-traders-await-us-durable-goods-orders
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Currency moves in the Aussie dollar change the competitiveness of Australian grain and barley exports, while rising US yields support the dollar, a modest headwind for US commodity prices.

## Read by commodity

- DXY: bullish ▲
- AUDUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2020-05-11 | [Sterling dips as rising US yields lift dollar](https://feedsoft.ai/events/53388-sterling-dips-as-rising-us-yields-lift-dollar.md) | +0.9% | -3.2% |
| DXY | 2021-03-15 | [S. Korea to focus on stabilizing markets amid rising US bond yields - The Korea Herald](https://feedsoft.ai/events/48347-s-korea-to-focus-on-stabilizing-markets-amid-rising-us-bond-yields-the-korea.md) | -0.0% | +0.2% |
| DXY | 2023-10-26 | [Ringgit reverses gains on increasing US bond yields \| Scoop](https://feedsoft.ai/events/33893-ringgit-reverses-gains-on-increasing-us-bond-yields-scoop.md) | +0.0% | -2.9% |
| DXY | 2016-11-13 | [Australia, NZ dollars hit 1-month lows as USD, US bond yields surge - The Business Times](https://feedsoft.ai/events/74098-australia-nz-dollars-hit-1-month-lows-as-usd-us-bond-yields-surge-the-business.md) | +1.4% | +0.8% |
| DXY | 2024-10-29 | [Australian dollar undermined by rising US yields ahead of inflation test - Markets - Business Recorder](https://feedsoft.ai/events/28120-australian-dollar-undermined-by-rising-us-yields-ahead-of-inflation-test.md) | -0.2% | +2.1% |

## Sources

- fxstreet.com: https://www.fxstreet.com/news/aud-usd-dips-amid-rising-us-bond-yields-traders-await-us-durable-goods-orders-202402262258

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