# Trade hopes lift dollar, rate cut forecast hobbles Aussie

> The dollar rose modestly on Wednesday as traders awaited a possible outcome of US-China trade talks. The Australian dollar fell 0.2% to $0.6774 after Westpac forecast two RBA rate cuts and quantitative easing next year.

- Date: 2019-11-27 · published 2019-11-27T12:00:00.000Z
- Category: macro · region Australia · magnitude low
- Page: https://feedsoft.ai/events/56325-trade-hopes-lift-dollar-rate-cut-forecast-hobbles-aussie
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A weaker Aussie dollar lowers the cost of Australian exports such as barley and sorghum, which can pressure feed grain prices in international markets. Trade-talk headlines also drive broader dollar moves that affect dollar-denominated commodities.

## Read by commodity

- DXY: bullish ▲
- AUDUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2025-07-31 | [Interest rates: Aussie dollar feels the chill as Federal Reserve cools rate cut hopes](https://feedsoft.ai/events/24036-interest-rates-aussie-dollar-feels-the-chill-as-federal-reserve-cools-rate-cut.md) | -0.7% | -0.6% |
| DXY | 2024-06-07 | [Dollar Rallies and Gold Sinks as Fed Rate Cut Hopes Recede](https://feedsoft.ai/events/8477-dollar-rallies-and-gold-sinks-as-fed-rate-cut-hopes-recede.md) | +1.4% | +0.8% |
| DXY | 2025-03-01 | [Dollar firms, Aussie steady after RBA's 'hawkish' rate cut](https://feedsoft.ai/events/26335-dollar-firms-aussie-steady-after-rba-s-hawkish-rate-cut.md) | -1.8% | -1.5% |
| DXY | 2021-03-01 | [Dollar gains on reflation trade, Aussie recovers \| Financial Post](https://feedsoft.ai/events/48359-dollar-gains-on-reflation-trade-aussie-recovers-financial-post.md) | +0.8% | +0.8% |
| DXY | 2022-10-06 | [Analysts cut Canadian dollar forecasts as recession risk looms](https://feedsoft.ai/events/39352-analysts-cut-canadian-dollar-forecasts-as-recession-risk-looms.md) | +0.7% | +1.0% |

## Sources

- reuters.com: https://www.reuters.com/article/global-forex/forex-trade-hopes-lift-dollar-rate-cut-forecast-hobbles-aussie-idUSL4N2871DH/

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