# Australian dollar rises on RBA hot air - MacroBusiness

> The Australian dollar rose to multi-week highs on comments from the RBA, while the DXY was firm and the euro soft. Iron ore miners sagged, commodities were mixed, and EM stocks rallied. A US Chicago PMI miss and stronger-than-expected eurozone inflation were also reported.

- Date: 2021-08-31 · published 2021-08-31T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/45803-australian-dollar-rises-on-rba-hot-air-macrobusiness
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

Routine market commentary with a currency-led move and no direct feed-commodity driver. Limited direct effect on feed prices.

## Read by commodity

- AUDUSD: bullish ▲

## Sources

- macrobusiness.com.au: https://www.macrobusiness.com.au/2021/09/australian-dollar-rises-on-rba-hot-air/

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