# Australian Dollar Filleted by Fedspeak as US Dollar Resumes Ascendency | Forex trading, free forex education | Forex.ca

> The Australian dollar weakened after Fed officials, including Bullard and Kashkari, signaled that rate hikes would continue. Treasury yields rose across the curve, and Japanese consumer inflation came in above forecasts.

- Date: 2022-11-18 · published 2022-11-18T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/38927-australian-dollar-filleted-by-fedspeak-as-us-dollar-resumes-ascendency-forex
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

Hawkish Fed signals strengthen the dollar and weigh on dollar-denominated commodity prices, though the impact on feed is indirect.

## Read by commodity

- DXY: bullish ▲
- AUDUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2021-03-29 | [US Dollar May Still Have Edge as Emerging Markets Underperform Ahead of NFPs \| Forex trading, free forex education \| Forex.ca](https://feedsoft.ai/events/48383-us-dollar-may-still-have-edge-as-emerging-markets-underperform-ahead-of-nfps.md) | -0.0% | -1.5% |
| DXY | 2020-03-23 | [US Dollar Fundamental Outlook: USD/SGD, USD/IDR, USD/MYR, USD/PHP \| Forex trading, free forex education \| Forex.ca](https://feedsoft.ai/events/54383-us-dollar-fundamental-outlook-usd-sgd-usd-idr-usd-myr-usd-php-forex-trading.md) | -2.0% | -1.7% |
| DXY | 2022-08-29 | [Japanese Yen Slips Against US Dollar as Powell Confirms Hikes. Where to for USD/JPY? \| Forex trading, free forex education \| Forex.ca](https://feedsoft.ai/events/40268-japanese-yen-slips-against-us-dollar-as-powell-confirms-hikes-where-to-for-usd.md) | +0.6% | +4.4% |
| DXY | 2021-08-23 | [Jackson Hole in Focus for USD/SGD, USD/THB, USD/IDR, USD/PHP \| Forex trading, free forex education \| Forex.ca](https://feedsoft.ai/events/45835-jackson-hole-in-focus-for-usd-sgd-usd-thb-usd-idr-usd-php-forex-trading-free.md) | -1.0% | -0.5% |
| DXY | 2022-08-31 | [Forex: China, recession worries hammer the Australian dollar](https://feedsoft.ai/events/40293-forex-china-recession-worries-hammer-the-australian-dollar.md) | +0.9% | +3.6% |

## Sources

- forex.ca: https://www.forex.ca/australian-dollar-filleted-by-fedspeak-as-us-dollar-resumes-ascendency/

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