# Dollar Rebounds, Aussie Weakens ahead of RBA - ActionForex

> The US dollar rebounded broadly ahead of the RBA, FOMC and BoE decisions, pushing the Aussie weaker. ECB official Visco said rates will need to rise further but the pace is uncertain given the Russia-Ukraine war.

- Date: 2022-10-31 · published 2022-10-31T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/39394-dollar-rebounds-aussie-weakens-ahead-of-rba-actionforex
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A firmer dollar lowers dollar-denominated commodity prices and raises import costs for non-US feed buyers, a mild bearish pressure on feed ingredients.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2022-01-31 | [Aussie dollar falls below US70¢ ahead of RBA decider](https://feedsoft.ai/events/43383-aussie-dollar-falls-below-us70-ahead-of-rba-decider.md) | -0.8% | -0.7% |
| DXY | 2017-03-31 | [EUR/USD Nosedives On Soft EMU Inflation While Dollar Rebounds - ActionForex](https://feedsoft.ai/events/72204-eur-usd-nosedives-on-soft-emu-inflation-while-dollar-rebounds-actionforex.md) | +0.4% | +0.4% |
| DXY | 2017-10-31 | [Forex - Dollar Rebounds In Asia Ahead of Bank of Japan Review By Investing.com](https://feedsoft.ai/events/68687-forex-dollar-rebounds-in-asia-ahead-of-bank-of-japan-review-by-investing-com.md) | -0.2% | -1.4% |
| DXY | 2025-03-31 | [Pound Sterling weakens against US Dollar ahead of Trump's reciprocal tariffs](https://feedsoft.ai/events/25837-pound-sterling-weakens-against-us-dollar-ahead-of-trump-s-reciprocal-tariffs.md) | -0.5% | -2.8% |
| DXY | 2024-01-29 | [Dollar Steady Ahead of Fed Meeting - Euro Weakens \| Global Banking & Finance Review](https://feedsoft.ai/events/32346-dollar-steady-ahead-of-fed-meeting-euro-weakens-global-banking-and-finance.md) | +0.2% | +0.4% |

## Sources

- actionforex.com: https://www.actionforex.com/action-insight/market-overview/470735-dollar-rebounds-aussie-weakens-ahead-of-rba/

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