AUD/USD drifts higher to approximately 0.7055 in Thursday’s Asian session. Market expectations for an RBA rate hike surged to 82% in response to robust CPI data. The Federal Reserve maintained its benchmark interest rate at its current level on Wednesday; Warsh did not provide a definitive indication regarding a potential shift in December. The AUD/USD … Read more
AUD/USD edges higher to approximately 0.7025 during Tuesday’s Asian session. RBA’s Hunter indicates that the central bank is “not quite yet” finished addressing inflation. On Wednesday, attention will be focused on Australia’s CPI inflation data and the Federal Reserve’s decision regarding interest rates. The AUD/USD pair strengthens to approach 0.7025 during the Asian trading hours … Read more
RBA Assistant Governor Sarah Hunter cautioned that interest rates could increase further as a result of ongoing inflationary pressures. The CME FedWatch Tool indicates that the markets are pricing in a 90.6% probability that the Federal Reserve will maintain current interest rates in October. Traders are closely observing developments in the Middle East, particularly the … Read more
AUD/USD softens to near 0.7015 in Thursday’s early Asian session. RBA’s Hauser indicates that the inflation outlook has significantly deteriorated compared to the bank’s previous forecasts, increasing the likelihood of an additional rate hike as early as November. The forthcoming trajectory of the Federal Reserve’s policy continues to serve as a significant driver of market … Read more
AUD dipped as the PBOC left its one-year and five-year Loan Prime Rates unchanged on Tuesday. Hawkish remarks from the RBA regarding the increase in neutral rates maintain the possibility of future interest rate hikes in Australia. The CME FedWatch Tool indicates that the markets anticipate the Federal Reserve will maintain its current stance in … Read more
China’s Q3 GDP expanded by 4.5% year-over-year, surpassing market forecasts of 4.4%. In September, both retail sales and industrial production in China exhibited growth that surpassed expectations. The CME FedWatch Tool indicates that traders are pricing in almost an 84% probability that the Federal Reserve will maintain current interest rates this month. AUD/USD extends its … Read more
AUD/USD remains steady as Chinese September CPI rose 0.9% YoY and PPI surged to 5.0%, above expectations. The US Dollar experienced a decline following comments from Fed official Williams, who indicated that additional interest rate hikes in 2027 are not anticipated. Traders are poised for the release of the pivotal US September CPI data, which … Read more
The RBA Minutes indicate that upward pressures are developing due to the demand for AI technology and increasing oil prices in the context of the Middle East conflict. Diverging signals from the RBA indicate that policy is positioned within a range from modestly to quite restrictive, as evidenced by the decline in house prices, which … Read more
AUD/USD advances to approximately 0.6985 during the early hours of Monday’s Asian session. In October, the Consumer Sentiment Index experienced a decline, registering at 46.3 compared to the previous figure of 48.1. The likelihood of the RBA increasing interest rates in November has significantly diminished following the most recent CPI data. The AUD/USD pair is … Read more
AUD/USD softens to near 0.6965 on Thursday. Minutes revealed that Fed officials supported the decision made in September to increase interest rates. Former RBA board member stated that a rate hike in November is “plausible.” The AUD/USD pair experiences a decline, reaching approximately 0.6965 during the Asian trading hours on Thursday. The US Dollar strengthens … Read more
