# Australian Dollar holds above 0.7000 on trade surplus, soft US Dollar

> The Australian Dollar traded near 0.7010 against the US Dollar after Australia's trade surplus widened in September, with exports rising 2.3% and imports falling 3.3%. The Aussie was also supported by broad US Dollar weakness, while gains were capped by the Reserve Bank of Australia's more cautious tone.

- Date: 2026-11-05 · published 2026-11-05T12:08:55.087Z
- Category: macro · region Australia · magnitude low
- Page: https://feedsoft.ai/events/81640-australian-dollar-holds-above-0-7000-on-trade-surplus-soft-us-dollar
- 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 firmer Aussie tends to make Australian commodity exports like wheat, barley and meat pricier in dollar terms, and a weaker USD supports dollar-priced grains; the effect on feed prices is modest and indirect.

## Read by commodity

- DXY: bearish ▼
- AUDUSD: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-07-31 | [Australian Dollar gathers strength above 0.7000 amid softer US GDP data](https://feedsoft.ai/events/18595-australian-dollar-gathers-strength-above-0-7000-amid-softer-us-gdp-data.md) | -0.1% | -1.1% |
| DXY | 2024-09-30 | [Aussie dollar continues to trade above US$0.69 - OFX](https://feedsoft.ai/events/28580-aussie-dollar-continues-to-trade-above-us-0-69-ofx.md) | +0.9% | +3.1% |
| DXY | 2017-06-29 | [Global tailwinds blow Australian dollar above US77c](https://feedsoft.ai/events/70767-global-tailwinds-blow-australian-dollar-above-us77c.md) | +0.3% | -1.7% |
| 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 | 2017-08-31 | [Australian Dollar has 80c in sight - OFX](https://feedsoft.ai/events/69699-australian-dollar-has-80c-in-sight-ofx.md) | -1.4% | +0.8% |

## Sources

- fxstreet.com: https://www.fxstreet.com/news/australian-dollar-steadies-above-07000-on-strong-trade-surplus-subdued-usd-202611051057

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