AUD strengthens following Australia’s July CPI, which registered a 3.5% year-over-year increase, surpassing the anticipated 3.2% despite a decline from June’s 3.8%. Australia’s July CPI experienced a month-on-month increase of 1.0%, surpassing expectations, while the annual Trimmed Mean CPI recorded a rise of 3.6%. Fading safe-haven demand and potential discussions regarding a maritime corridor between … Read more
The RBA maintains a willingness to consider rate hikes should inflationary pressures from oil and data centers emerge significantly. US Treasury Secretary Bessent’s proposed $1 trillion bond buyback expansion, along with the implementation of secondary sanctions on Iran, persist in exerting downward pressure on the USD. Traders are poised for significant US events this week, … Read more
AUD/USD appreciates, approaching 0.7175 in the early hours of Monday’s Asian session. Treasury buyback concerns exert pressure on the US Dollar. An Iranian official characterised the prospect of renewed US economic sanctions as ‘desperate.’ The AUD/USD pair is experiencing slight upward movement, trading at approximately 0.7175 in the early hours of the Asian session on … Read more
AUD/USD edges higher to approximately 0.7135 in Friday’s Asian session. Traders continue to express concerns regarding the increasing US debt, which poses a threat to the stability of the US Dollar. The RBA encounters increasing pressure to halt rate hikes as unemployment experiences another uptick. The AUD/USD pair is experiencing upward momentum, approaching 0.7135 during … Read more
AUD/USD encounters downward pressure as a lacklustre domestic labour report weighs on the Australian Dollar. Australia’s unemployment rate increased to 4.5% in July, exceeding market expectations of 4.4%. Fed Meeting Minutes indicated that officials preferred to raise rates in the near term should inflation remain persistent, following a steady target range of 3.5%–3.75%. AUD/USD has … Read more
Australia’s Wage Price Index increased by 3.2% year-on-year in Q2 2026, aligning with expectations even as it reached a multi-quarter low. RBA Deputy Governor Andrew Hauser cautioned that inflation continues to be elevated, necessitating a more stringent monetary policy to temper economic demand. Weak US retail sales and a cooling inflation environment have led to … Read more
AUD/USD rises as diminishing expectations for a Federal Reserve rate hike maintain pressure on the US Dollar. Trump’s refusal to renew the Iran deal and naval blockades heighten global geopolitical tensions. Markets are poised for the release of this week’s Australian consumer confidence figures alongside the second-quarter wage price index data. AUD/USD continues to rise … Read more
The Reserve Bank of Australia’s aggressive policy approach strengthens the Australian dollar, which causes the AUD/USD ratio to rise. Analysts observe that the RBA upheld a hawkish stance, with Governor Bullock cautioning that the bank would take action if necessary. US Retail Sales declined by 0.6% in July, which has dampened market expectations regarding forthcoming … Read more
RBA’s Kent observed that rate hikes are having an effect, although additional increases could be on the table should new risks arise. Softer US PPI inflation data has tempered expectations for Fed rate hikes, thereby bolstering the AUD/USD pair. Markets have adjusted the likelihood of a September Fed rate hike to 34.8% in light of … Read more
AUD/USD experiences a decline as market participants exhibit a lack of consensus regarding a potential Federal Reserve rate increase in September, particularly in light of upcoming crucial inflation data releases. Despite the increase in oil prices, the probability of a Federal Reserve rate hike in September decreased from 52% to almost 48%. MUFG and Westpac … Read more
