# Australia, NZ dlrs fall to more than 1-mth low as dollar reigns

> The Australian and New Zealand dollars fell to one-month lows as concerns over aggressive rate hikes pushed bond yields higher. Fed Chair Powell signalled that rates would stay higher for longer, and the US dollar surged to a 20-year high against a basket of currencies.

- Date: 2022-08-29 · published 2022-08-29T12:00:00.000Z
- Category: macro · region Global · magnitude medium
- Page: https://feedsoft.ai/events/40294-australia-nz-dlrs-fall-to-more-than-1-mth-low-as-dollar-reigns
- 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 stronger US dollar and higher global rates tighten financial conditions and tend to weigh on dollar-priced commodities, while a weaker Aussie reflects softer risk appetite for commodity-linked currencies.

## Read by commodity

- DXY: bullish ▲
- AUDUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2016-12-01 | [Australian dollar falls to five-month low as Trump rally continues](https://feedsoft.ai/events/74103-australian-dollar-falls-to-five-month-low-as-trump-rally-continues.md) | -0.9% | +0.8% |
| DXY | 2022-01-26 | [Australian dollar nears one-month low as the US dollar surges and the mood darkens](https://feedsoft.ai/events/43385-australian-dollar-nears-one-month-low-as-the-us-dollar-surges-and-the-mood.md) | +0.2% | -0.4% |
| DXY | 2022-09-26 | [South African rand slumps to 28-mth low as dollar reigns supreme](https://feedsoft.ai/events/39843-south-african-rand-slumps-to-28-mth-low-as-dollar-reigns-supreme.md) | +0.2% | +0.6% |
| 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 | 2026-09-30 | [Australian Dollar Hits 8-week Low](https://feedsoft.ai/events/17721-australian-dollar-hits-8-week-low.md) | -0.1% | +0.7% |

## Sources

- zawya.com: https://www.zawya.com/en/world/china-and-asia-pacific/australia-nz-dlrs-fall-to-more-than-1-mth-low-as-dollar-reigns-ek7t5oqy

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