# Australian dollar nears one-month low as the US dollar surges and the mood darkens

> The Australian dollar neared a one-month low as the US dollar surged after Fed Chair Powell signaled possible 50 basis point hikes and said rates could rise quite a bit without harming jobs. Bond yields climbed and the dollar moved higher in a risk-off trade.

- Date: 2022-01-26 · published 2022-01-26T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/43385-australian-dollar-nears-one-month-low-as-the-us-dollar-surges-and-the-mood
- 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 hawkish Fed lifts the dollar and tightens financial conditions, which typically weighs on dollar-denominated commodity prices and supports a stronger dollar against emerging-market currencies.

## Read by commodity

- DXY: bullish ▲
- AUDUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2022-09-22 | [SBS On the Money: Why US rate rise means higher Australian rates and lower dollar \| SBS News](https://feedsoft.ai/events/39837-sbs-on-the-money-why-us-rate-rise-means-higher-australian-rates-and-lower.md) | +1.9% | +1.8% |
| 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 | 2022-08-29 | [Australia, NZ dlrs fall to more than 1-mth low as dollar reigns](https://feedsoft.ai/events/40294-australia-nz-dlrs-fall-to-more-than-1-mth-low-as-dollar-reigns.md) | +0.6% | +4.4% |
| DXY | 2026-05-28 | [Australian dollar holds near weekly low vs USD; eyes US PCE data](https://feedsoft.ai/events/19503-australian-dollar-holds-near-weekly-low-vs-usd-eyes-us-pce-data.md) | +0.2% | +1.6% |

## Sources

- investinglive.com: https://investinglive.com/news/australian-dollar-nears-one-month-low-as-the-us-dollar-surges-and-the-mood-darkens-20220126/

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