# 'That's history': Australian dollar has had a week to forget

> The Australian dollar fell as much as 2.8% since April 18, nearing levels last seen in December, as the US dollar gained on rising 10-year Treasury yields. Yields broke above 3% for the first time since 2013 on expectations of US rate rises alongside higher commodity prices.

- Date: 2018-04-26 · published 2018-04-26T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/65755-that-s-history-australian-dollar-has-had-a-week-to-forget
- 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 weaker Aussie makes Australian commodity exports cheaper in USD terms and tends to coincide with softer dollar-denominated commodity prices, while US yield-driven dollar strength pressures emerging-market and commodity currencies broadly.

## Read by commodity

- DXY: bullish ▲
- AUDUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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% |
| DXY | 2026-08-28 | [Australian Dollar retreats as Warsh’s hawkish tone lifts US Dollar](https://feedsoft.ai/events/18151-australian-dollar-retreats-as-warsh-s-hawkish-tone-lifts-us-dollar.md) | -0.2% | +1.7% |
| DXY | 2026-08-30 | [Australian Dollar: Fresh Highs Meet a Hawkish Warsh \| Westpac IQ](https://feedsoft.ai/events/18146-australian-dollar-fresh-highs-meet-a-hawkish-warsh-westpac-iq.md) | -0.6% | +1.6% |
| DXY | 2022-08-31 | [Forex: China, recession worries hammer the Australian dollar](https://feedsoft.ai/events/40293-forex-china-recession-worries-hammer-the-australian-dollar.md) | +0.9% | +3.6% |
| DXY | 2022-12-27 | [USD to AUD Forecast: Why The US Dollar Is Strengthening Against The Australian Dollar](https://feedsoft.ai/events/38485-usd-to-aud-forecast-why-the-us-dollar-is-strengthening-against-the-australian.md) | +0.1% | -2.5% |

## Sources

- smh.com.au: https://www.smh.com.au/business/markets/that-s-history-australian-dollar-has-had-a-week-to-forget-20180426-p4zbsc.html

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