# Australian Dollar Posts Biggest G10 Decline as Tech Selloff Rattles Markets

> The Australian dollar fell 1% on Thursday, the largest decline among G10 currencies, as a technology-led selloff in US equities prompted demand for safe-haven assets and supported the US dollar. AUD/USD was near 0.6880 early Friday; the Reserve Bank of Australia had raised its cash rate by 25 basis points to 4.85% on November 3.

- Date: 2026-11-06 · published 2026-11-06T09:11:09.758Z
- Category: macro · region Australia · magnitude low
- Page: https://feedsoft.ai/events/83698-australian-dollar-posts-biggest-g10-decline-as-tech-selloff-rattles-markets
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

Risk aversion and US-dollar strength weighed on the Australian dollar, potentially improving the USD competitiveness of Australian exports. The currency move does not itself imply a change in feed-commodity fundamentals.

## Read by commodity

- AUDUSD: bearish ▼

## Sources

- econotimes.com: https://econotimes.com/Australian-Dollar-Posts-Biggest-G10-Decline-as-Tech-Selloff-Rattles-Markets-1771929

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