# Australian Dollar Lagging The Other Majors As Traders Await The RBA | Investing.com AU

> The Australian dollar traded near 0.7983 after recovering from a low of 0.7936 on Friday. The US dollar weakened after US second-quarter GDP grew 2.6 per cent, slightly below expectations. Traders expected the RBA to sound more hawkish about the currency's strength.

- Date: 2017-07-31 · published 2017-07-31T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/70237-australian-dollar-lagging-the-other-majors-as-traders-await-the-rba-investing
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A softer US dollar on weaker US data supports dollar-priced commodities, while a firmer Aussie reduces Australian export competitiveness.

## Read by commodity

- DXY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2023-11-29 | [The Australian dollar is surging. Here’s why](https://feedsoft.ai/events/33404-the-australian-dollar-is-surging-here-s-why.md) | +1.0% | -0.9% |
| DXY | 2017-09-20 | [The Tractor Beam Of 80 Cents Has Caught The Aussie Dollar Once More \| Investing.com AU](https://feedsoft.ai/events/69186-the-tractor-beam-of-80-cents-has-caught-the-aussie-dollar-once-more-investing.md) | +1.1% | +1.9% |
| 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 | 2020-12-30 | [Australian, NZ dollars on the rise as US$ crumbles - Markets - Business Recorder](https://feedsoft.ai/events/49897-australian-nz-dollars-on-the-rise-as-us-crumbles-markets-business-recorder.md) | -0.6% | +0.4% |

## Sources

- au.investing.com: https://au.investing.com/analysis/australian-dollar-lagging-the-other-majors-as-traders-await-the-rba-200196103

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