# Australian Dollar regains ground as Democrats eye victory in both Houses

> The Australian dollar rebounded toward 0.6977 against the US dollar as risk appetite improved after a sharp sell-off in the prior two sessions. Democrats won a Senate majority and were leading in the House vote count, while the RBA had hiked rates by 25 bps to 4.85% the day before.

- Date: 2026-11-04 · published 2026-11-04T06:09:01.512Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/79204-australian-dollar-regains-ground-as-democrats-eye-victory-in-both-houses
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Currency moves tied to risk sentiment and rate differentials affect the cost of imported feed ingredients and the competitiveness of Australian grain and meal exports.

## Read by commodity

- DXY: bearish ▼
- AUDUSD: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2017-08-31 | [Australian Dollar has 80c in sight - OFX](https://feedsoft.ai/events/69699-australian-dollar-has-80c-in-sight-ofx.md) | -1.4% | +0.8% |
| DXY | 2020-08-20 | [Australian Dollar Rebounds on Iron Ore and Gold Rush](https://feedsoft.ai/events/51894-australian-dollar-rebounds-on-iron-ore-and-gold-rush.md) | +0.0% | -1.0% |
| DXY | 2020-10-09 | [Dollar falls as likelihood of a Biden victory grows; yuan gains](https://feedsoft.ai/events/5558-dollar-falls-as-likelihood-of-a-biden-victory-grows-yuan-gains.md) | -0.3% | -1.9% |
| DXY | 2025-05-26 | [Australian Dollar posts fresh six-month highs as US debt concerns grow](https://feedsoft.ai/events/24952-australian-dollar-posts-fresh-six-month-highs-as-us-debt-concerns-grow.md) | -0.2% | -0.8% |
| DXY | 2020-02-28 | [Baht gains more ground, as US dollar weakens](https://feedsoft.ai/events/54839-baht-gains-more-ground-as-us-dollar-weakens.md) | -0.5% | +4.3% |

## Sources

- fxstreet.com: https://www.fxstreet.com/news/australian-dollar-regains-ground-as-democrats-eye-victory-in-both-houses-202611040554

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