# AUD/USD breaks 0.6950 as NASDAQ rout threatens key 0.6900 support

> The Australian dollar fell more than 1% against the US dollar to 0.6931 as US technology shares sold off sharply. Stronger-than-expected US labor data and hawkish Federal Reserve comments also supported the US dollar.

- Date: 2026-11-05 · published 2026-11-06T00:10:21.848Z
- Category: macro · region Australia · magnitude low
- Page: https://feedsoft.ai/events/82744-aud-usd-breaks-0-6950-as-nasdaq-rout-threatens-key-0-6900-support
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

A weaker Australian dollar can raise the local-currency cost of imported feed and other commodities, while a stronger US dollar can weigh on dollar-denominated commodity prices. The currency move reflects risk aversion and interest-rate expectations rather than a change in agricultural supply or demand.

## Read by commodity

- DXY: bullish ▲
- AUDUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2025-02-28 | [BUZZ-AUD/USD testing key support in Asia; tariff fears renewed](https://feedsoft.ai/events/26333-buzz-aud-usd-testing-key-support-in-asia-tariff-fears-renewed.md) | -1.5% | -1.3% |
| DXY | 2025-05-22 | [AUD weakens as upbeat US data supports USD; Trump bill limits upside](https://feedsoft.ai/events/24958-aud-weakens-as-upbeat-us-data-supports-usd-trump-bill-limits-upside.md) | -0.2% | -0.6% |
| DXY | 2018-07-29 | [USD Gains on Fed to Add Pressure, IDR at Support – ASEAN Weekly \| Nasdaq](https://feedsoft.ai/events/64363-usd-gains-on-fed-to-add-pressure-idr-at-support-asean-weekly-nasdaq.md) | +0.2% | +0.7% |
| DXY | 2018-05-29 | [EUR/USD Now Eyeing 1.0860 Threshold as Eurozone Breakup Risk Threatens to Scupper ECB Timetable](https://feedsoft.ai/events/65217-eur-usd-now-eyeing-1-0860-threshold-as-eurozone-breakup-risk-threatens-to.md) | +0.2% | +1.5% |
| DXY | 2016-11-30 | [USD JPY breaks out to new highs as dollar surges and safe havens suffer](https://feedsoft.ai/events/74086-usd-jpy-breaks-out-to-new-highs-as-dollar-surges-and-safe-havens-suffer.md) | -0.6% | +1.3% |

## Sources

- fxstreet.com: https://www.fxstreet.com/news/aud-usd-breaks-06950-as-nasdaq-rout-threatens-key-06900-support-202611052319
- mitrade.com: https://www.mitrade.com/au/insights/news/live-news/article-1-2234745-20261106

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