# Australian dollar remains volatile | MarketPulse by OANDA Group

> AUD/USD fell about 1% to 0.6425 on September 29 and is down roughly 5.3% in September. Retail sales rose 0.6% month on month, but the Aussie is weighed by a hawkish Fed and Ukraine-related risk aversion.

- Date: 2022-09-29 · published 2022-09-29T12:00:00.000Z
- Category: macro · region Australia · magnitude low
- Page: https://feedsoft.ai/events/39836-australian-dollar-remains-volatile-marketpulse-by-oanda-group
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

A weaker Aussie makes Australian commodity exports cheaper in US dollars, while a firmer dollar keeps pressure on dollar-priced grain and meal values globally.

## Read by commodity

- DXY: bullish ▲
- AUDUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2023-09-14 | [EUR/USD: ECB Hikes and euro falls as stagflation risks grow; Dollar strength extends after US retail sales data \| MarketPulse by OANDA Group](https://feedsoft.ai/events/34317-eur-usd-ecb-hikes-and-euro-falls-as-stagflation-risks-grow-dollar-strength.md) | -0.1% | +1.8% |
| DXY | 2023-07-27 | [EUR/USD - Euro sinks as ECB signals a September pause is possible \| MarketPulse by OANDA Group](https://feedsoft.ai/events/35252-eur-usd-euro-sinks-as-ecb-signals-a-september-pause-is-possible-marketpulse-by.md) | +1.2% | +1.9% |
| 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% |
| DXY | 2024-04-22 | [US dollar rally threatens Australian dollar, RBA inflation battle \| Australia](https://feedsoft.ai/events/30999-us-dollar-rally-threatens-australian-dollar-rba-inflation-battle-australia.md) | -0.1% | -1.5% |
| DXY | 2022-09-20 | [Australia, NZ dollars give ground as yield buffer shrinks - Markets - Business Recorder](https://feedsoft.ai/events/39838-australia-nz-dollars-give-ground-as-yield-buffer-shrinks-markets-business.md) | +2.8% | +2.3% |

## Sources

- marketpulse.com: https://www.marketpulse.com/news/australian-dollar-remains-volatile/

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