# The Tractor Beam Of 80 Cents Has Caught The Aussie Dollar Once More | Investing.com AU

> The Australian dollar rose back above 80 US cents at 0.8008 after a 0.6% gain, despite falls in Chinese iron ore futures. The analysis argues US dollar weakness has been the primary driver of the currency's 2017 strength.

- Date: 2017-09-20 · published 2017-09-20T12:00:00.000Z
- Category: macro · region Australia · magnitude low
- Page: https://feedsoft.ai/events/69186-the-tractor-beam-of-80-cents-has-caught-the-aussie-dollar-once-more-investing
- 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 US dollar driven Aussie rally makes Australian feed exports costlier, while a weaker dollar supports US feed competitiveness.

## Read by commodity

- DXY: bearish ▼
- AUDUSD: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2017-07-31 | [Australian Dollar Lagging The Other Majors As Traders Await The RBA \| Investing.com AU](https://feedsoft.ai/events/70237-australian-dollar-lagging-the-other-majors-as-traders-await-the-rba-investing.md) | +0.3% | -0.5% |
| DXY | 2026-01-28 | [AUD/USD Outlook: US Dollar Unwind Hands the Baton to Australia CPI \| Investing.com](https://feedsoft.ai/events/21320-aud-usd-outlook-us-dollar-unwind-hands-the-baton-to-australia-cpi-investing-com.md) | +0.4% | +0.3% |
| DXY | 2017-12-15 | [6 Reasons For The Dollar Slump \| Investing.com](https://feedsoft.ai/events/67393-6-reasons-for-the-dollar-slump-investing-com.md) | -0.2% | -2.5% |
| DXY | 2024-02-12 | [US Dollar: A Week of Disinflation Tests \| Investing.com UK](https://feedsoft.ai/events/31887-us-dollar-a-week-of-disinflation-tests-investing-com-uk.md) | +0.1% | -0.8% |
| DXY | 2026-07-31 | [US Dollar Hits Post-FOMC Perfect Storm \| Investing.com AU](https://feedsoft.ai/events/8422-us-dollar-hits-post-fomc-perfect-storm-investing-com-au.md) | -0.1% | -1.1% |

## Sources

- au.investing.com: https://au.investing.com/analysis/the-tractor-beam-of-80-cents-has-caught-the-aussie-dollar-once-more-200196520

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