AUD/USD Stuck Below 70c Amid Hawkish RBA, Weak Business Sentiment
AUD/USD remains below 70c as hawkish RBA minutes contrast with weaker business confidence. Australian jobs data and US CPI are the next catalysts.
RBA
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GBP/AUD falling wedge points to bullish breakout risk ahead of RBA minutes
GBP/AUD is forming a potential bullish continuation pattern, with RBA minutes, Australian unemployment and Bank of England commentary among the catalysts that could spark a breakout.
AUD/USD hammered by US yields and fading RBA hike bets
US yields, dollar strength and fading RBA hike bets have combined to drive AUD/USD to fresh multi-month lows. The macro and technical bias remains bearish, although history suggests parts of the move are now reaching unusually stretched levels.
RBA delivers 25bp hike, Bullock now the main event
The RBA delivered the expected 25bp hike, but Bullock’s press conference now looms as the bigger volatility risk for AUD/USD and the ASX 200.
AUD/USD Analysis: What's Next for the Australian Dollar After the RBA Decision?
Recent trading sessions have reflected a more neutral tone around the Australian dollar. This can be seen in AUD/USD price action, which has posted moves of roughly 0.2% over the last two sessions without establishing a clear direction. Much of this lack of momentum is linked to expectations surrounding the next policy moves from both the Reserve Bank of Australia (RBA) and the Federal Reserve.
AUD/USD Breakout Builds as Yen Strength Softens the Dollar
AUD/USD is trading at its highest since early May, with the yen’s continued rally helping soften the dollar and amplify the Aussie’s upside response.
Aussie Dollar Gains as RBA Hike Bets Surge
RBA hike pricing has surged as inflation, spending and GDP all beat expectations, adding to tailwinds for the AUD from stronger metals prices.
AUD/USD, ASX 200: Household Spending Bolsters RBA Hike Bets
Australian household spending strengthened again in July, adding to inflation and construction data supporting a September RBA hike.
AUD/USD slips as DXY ignores the playbook
The US dollar moved against its recent macro playbook on Monday. AUD/USD paid the price, although bulls still hold the upper hand.
Australian Dollar Outlook: AUD/USD Wobbles on RBA Hold, US CPI Up Next
The RBA kept rates at 4.35% but retained a hawkish bias. AUD/USD now looks to US CPI for direction as traders scale back RBA hike expectations.
EUR/AUD, GBP/AUD face growing Aussie tailwinds
A likely RBA hawkish hold and higher energy prices are strengthening the fundamental case for the Australian dollar against European currencies. EUR/AUD and GBP/AUD are in focus as traders assess whether those macro tailwinds translate to fresh downside.
AUD/USD Outlook: Two-part rates play, one-part risk proxy
A pickup in US inflation expectations, renewed geopolitical tensions and another bruising session for technology stocks combined to leave the Aussie under pressure overnight.
AUD/USD outlook: Australian jobs report puts bullish trend to the test
Australian jobs data will set the tone for the Aussie dollar and RBA rate outlook today. With AUD/USD sitting on its bullish uptrend and markets still pricing a chance of another hike, there's plenty riding on the outcome.
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