# AUD/USD: Australian Dollar Advances On US — China Trade Optimism - Currency Live

> The Australian dollar rose early Thursday after President Trump said a US-China trade deal could happen sooner than expected. The dollar gave back gains as investors weighed a formal impeachment inquiry and a US second-quarter GDP reading of 2%.

- Date: 2019-09-26 · published 2019-09-26T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/57331-aud-usd-australian-dollar-advances-on-us-china-trade-optimism-currency-live
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Hopes for a US-China trade deal support Chinese demand expectations for US farm exports, though Trump's optimism has often failed to produce deals before.

## Read by commodity

- SOY: bullish ▲
- AUDUSD: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-12-16 | [USD/CAD: Trade Deal Weighs On US Dollar - Currency Live](https://feedsoft.ai/events/55809-usd-cad-trade-deal-weighs-on-us-dollar-currency-live.md) | +2.3% | +2.3% |
| SOY | 2018-12-03 | [US-China trade war truce dings dollar; Aussie, yuan advance](https://feedsoft.ai/events/6921-us-china-trade-war-truce-dings-dollar-aussie-yuan-advance.md) | +1.7% | +0.0% |
| SOY | 2018-11-02 | [Yen falls, Australian dollar gains as US-China trade angst eases - The HinduBusinessLine](https://feedsoft.ai/events/62287-yen-falls-australian-dollar-gains-as-us-china-trade-angst-eases-the.md) | -0.2% | +3.0% |
| SOY | 2019-07-01 | [Forex markets: Dollar advances to 2-week high after US-China trade tensions ease](https://feedsoft.ai/events/58330-forex-markets-dollar-advances-to-2-week-high-after-us-china-trade-tensions-ease.md) | -2.7% | -1.6% |
| SOY | 2025-10-29 | [Australian Dollar gains ground as China’s COFCO purchases US soybean cargoes](https://feedsoft.ai/events/22667-australian-dollar-gains-ground-as-china-s-cofco-purchases-us-soybean-cargoes.md) | +2.8% | +4.3% |

## Sources

- currencylive.com: https://currencylive.com/news/101185-aud-usd-australian-dollar-advances-on-us-china-trade-optimism/

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