
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.
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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.

RBA hike pricing has surged as inflation, spending and GDP all beat expectations, adding to tailwinds for the AUD from stronger metals prices.

Australian household spending strengthened again in July, adding to inflation and construction data supporting a September RBA hike.

The US dollar moved against its recent macro playbook on Monday. AUD/USD paid the price, although bulls still hold the upper hand.

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.

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.

A pickup in US inflation expectations, renewed geopolitical tensions and another bruising session for technology stocks combined to leave the Aussie under pressure overnight.

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.

Australian dollar eases and the ASX 200 perks up after the RBA holds rates at 4.35%, maintaining a mildly hawkish policy stance.

Australian dollar pairs face key tests as traders brace for RBA and BOJ decisions. Technical outlook for AUD/USD, AUD/JPY and EUR/AUD.

AUD/USD briefly dipped below 70c, but mixed positioning and three major central bank meetings could decide whether bears regain control.

Hopes for a US-Iran peace deal may have sparked today's rally, but softer RBA pricing could be helping to keep it alive. Is the stage being set for a push towards 8900?

With swaps markets aggressively pricing further RBNZ tightening and traders still unconvinced the RBA will hike again in June, today’s event risk may prove critical for near-term Aussie and Kiwi direction.
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