# Australian dollar sideswiped by Fed, data | SBS News

> The Australian dollar fell after the US Federal Reserve sounded less dovish on future rate hikes than investors expected, hitting risk assets. Australian employment rose 37,000 in November, though growth was all part-time, and the jobless rate ticked up to 5.1 per cent. The Aussie traded near 71.12 US cents after touching a six-week low of 70.875.

- Date: 2018-12-20 · published 2018-12-20T12:00:00.000Z
- Category: macro · region Australia · magnitude low
- Page: https://feedsoft.ai/events/61805-australian-dollar-sideswiped-by-fed-data-sbs-news
- 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 firmer US rate path and a stronger dollar weigh on the Aussie, a currency tied to commodity demand, and tighter financial conditions can pressure risk-sensitive commodity prices.

## Read by commodity

- DXY: bullish ▲
- AUDUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2022-09-20 | [Australian dollar steady ahead of Fed and BoJ \| IG Bank Switzerland](https://feedsoft.ai/events/39842-australian-dollar-steady-ahead-of-fed-and-boj-ig-bank-switzerland.md) | +2.8% | +2.3% |
| DXY | 2018-03-23 | [Australian Dollar Showing Long-Term Negative Signs](https://feedsoft.ai/events/66257-australian-dollar-showing-long-term-negative-signs.md) | -0.3% | -0.4% |
| 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% |
| DXY | 2025-02-28 | [The latest Australian dollar sell-off is a red flag for the economy - ABC News](https://feedsoft.ai/events/26332-the-latest-australian-dollar-sell-off-is-a-red-flag-for-the-economy-abc-news.md) | -1.5% | -1.3% |
| DXY | 2026-09-30 | [Australian Dollar Hits 8-week Low](https://feedsoft.ai/events/17721-australian-dollar-hits-8-week-low.md) | -0.1% | +0.7% |

## Sources

- sbs.com.au: https://www.sbs.com.au/news/article/australian-dollar-sideswiped-by-fed-data/3btjtoqc7

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