# Dollar Sags As US Yields Slip, Aussie Takes RBA Hold In Stride - Babypips.com

> The dollar sagged against the yen and major currencies on Tuesday as US Treasury yields slipped on uncertainty over the Republican tax bill. The Australian dollar held steady after the RBA kept policy unchanged as expected.

- Date: 2017-11-07 · published 2017-11-07T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/68231-dollar-sags-as-us-yields-slip-aussie-takes-rba-hold-in-stride-babypips-com
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

Softer US yields and a weaker dollar can lend modest support to USD-priced commodities including feed grains. The Aussie reaction was minimal, so the link to feed prices is weak.

## Read by commodity

- DXY: bearish ▼
- AUDUSD: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-10-21 | [Dollar on back foot as US yields, crude prices dip; Aussie buoyed by hawkish RBA By Reuters](https://feedsoft.ai/events/17330-dollar-on-back-foot-as-us-yields-crude-prices-dip-aussie-buoyed-by-hawkish-rba.md) | +0.5% | — |
| DXY | 2026-07-29 | [Dollar slips as Fed holds rates steady \| Reuters](https://feedsoft.ai/events/8418-dollar-slips-as-fed-holds-rates-steady-reuters.md) | -0.9% | -2.0% |
| DXY | 2025-09-30 | [Aussie dollar strengthens as RBA holds rates and signals cautious easing path - OFX](https://feedsoft.ai/events/23136-aussie-dollar-strengthens-as-rba-holds-rates-and-signals-cautious-easing-path.md) | +0.1% | +0.4% |
| DXY | 2017-10-13 | [Commodities Make Gains as US Dollar Slips](https://feedsoft.ai/events/68392-commodities-make-gains-as-us-dollar-slips.md) | +0.1% | +1.1% |
| DXY | 2022-12-07 | [Gold jumps 1% as U.S. dollar, yields slip on Fed slowdown bets](https://feedsoft.ai/events/38161-gold-jumps-1-as-u-s-dollar-yields-slip-on-fed-slowdown-bets.md) | -1.0% | -0.7% |

## Sources

- babypips.com: https://www.babypips.com/news/dollar-sags-us-yields-slip-aussie-takes-rba-hold-stride

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