# Why AUD And EUR Are Soaring Into RBA, ECB | Investing.com

> The Australian dollar and euro rallied on Monday as traders priced in possible hawkish shifts from the RBA and ECB. AUD had fallen to a 1.5-year low the prior week and rebounded on short covering, with the euro boosted by stronger German inflation data.

- Date: 2022-01-31 · published 2022-01-31T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/43384-why-aud-and-eur-are-soaring-into-rba-ecb-investing-com
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md), [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 tied to central bank expectations shift the dollar's broad strength, which affects export competitiveness and the dollar-denominated price of grains and oilseeds.

## Read by commodity

- DXY: bearish ▼
- AUDUSD: bullish ▲
- EURUSD: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2020-12-08 | [EUR and ECB Crib Sheet \| articles \| ING THINK](https://feedsoft.ai/events/49861-eur-and-ecb-crib-sheet-articles-ing-think.md) | +0.1% | +1.0% |
| EURUSD | 2021-03-10 | [EUR and ECB Cribsheet \| articles \| ING THINK](https://feedsoft.ai/events/48340-eur-and-ecb-cribsheet-articles-ing-think.md) | +0.1% | -0.3% |
| EURUSD | 2021-10-28 | [Euro Has Best Day In 5 Months, While U.S. GDP Overshadows ECB \| Investing.com](https://feedsoft.ai/events/44757-euro-has-best-day-in-5-months-while-u-s-gdp-overshadows-ecb-investing-com.md) | -0.1% | -2.6% |
| EURUSD | 2020-03-02 | [Why EURUSD is Rallying and What Could Cause it to Stop](https://feedsoft.ai/events/6184-why-eurusd-is-rallying-and-what-could-cause-it-to-stop.md) | +2.9% | +0.5% |
| EURUSD | 2022-05-23 | [Why some ECB officials are suddenly concerned about the weak euro \| snaps \| ING THINK](https://feedsoft.ai/events/41609-why-some-ecb-officials-are-suddenly-concerned-about-the-weak-euro-snaps-ing.md) | +1.4% | -0.1% |
| DXY | 2020-08-28 | [Powell And Abe Drive Markets \| Investing.com](https://feedsoft.ai/events/51794-powell-and-abe-drive-markets-investing-com.md) | -0.5% | +1.0% |
| DXY | 2021-10-28 | [Euro Has Best Day In 5 Months, While U.S. GDP Overshadows ECB \| Investing.com](https://feedsoft.ai/events/44757-euro-has-best-day-in-5-months-while-u-s-gdp-overshadows-ecb-investing-com.md) | +0.6% | +2.5% |
| DXY | 2020-03-02 | [Why EURUSD is Rallying and What Could Cause it to Stop](https://feedsoft.ai/events/6184-why-eurusd-is-rallying-and-what-could-cause-it-to-stop.md) | -0.8% | +4.0% |

## Sources

- investing.com: https://www.investing.com/analysis/why-aud-and-eur-are-soaring-into-rba-ecb-200616565

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