# Australian dollar plunges to startling low

> The Australian dollar fell 2.3% against the US dollar over the week to about 68.66 US cents. Analysts attributed the decline to changing expectations after the RBA’s split rate hike, expectations of future US rate increases, and weakness in oil and copper.

- Date: 2026-11-09 · published 2026-11-09T03:10:47.282Z
- Category: macro · region Australia, United States · magnitude low
- Page: https://feedsoft.ai/events/88561-australian-dollar-plunges-to-startling-low
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

A narrowing expected interest-rate advantage for Australia can weigh on the Australian dollar, while weaker commodity prices add pressure to a currency sensitive to commodity markets.

## Read by commodity

- BRENT: bearish ▼
- AUDUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2023-10-02 | [Oil tumbles 2% to 3-week low on strong dollar, profit taking](https://feedsoft.ai/events/7365-oil-tumbles-2-to-3-week-low-on-strong-dollar-profit-taking.md) | -9.8% | -5.2% |
| BRENT | 2022-06-22 | [Australian Dollar Eyes BRICS Summit After Mixed PMI Data \| Forex trading, free forex education \| Forex.ca](https://feedsoft.ai/events/41210-australian-dollar-eyes-brics-summit-after-mixed-pmi-data-forex-trading-free.md) | +3.0% | -4.7% |
| BRENT | 2023-11-01 | [Oil falls to settle at 3-week low as Fed policy stance lifts dollar](https://feedsoft.ai/events/33077-oil-falls-to-settle-at-3-week-low-as-fed-policy-stance-lifts-dollar.md) | -5.3% | -6.2% |
| BRENT | 2018-12-20 | [Oil plunges nearly 5 percent to 17-month low as stock market slumps](https://feedsoft.ai/events/8704-oil-plunges-nearly-5-percent-to-17-month-low-as-stock-market-slumps.md) | -8.1% | +10.6% |
| BRENT | 2022-11-29 | [Ringgit retreats to open lower against US dollar \| Malay Mail](https://feedsoft.ai/events/38931-ringgit-retreats-to-open-lower-against-us-dollar-malay-mail.md) | -0.4% | +0.0% |

## Sources

- adelaidenow.com.au: https://www.adelaidenow.com.au/business/economy/aussie-dollar-drops-to-lowest-level-since-march-after-rba-interest-rate-hike/news-story/c6158d5fcb1b7d5014c08575e15adb4f?nk=d79b061be12febdbfd503007dd676139-1794184052

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