AUD USD

Australian Dollar is poised to mark a fifth-weekly loss with AUD/USD testing trend support into the yearly open. Battle lines drawn on the short-term technical charts.

AUD/USD holds below pre-US election rates as trades at its lowest level since 2022.

Despite the RBA remaining hawkish for much of the year, the AUD/USD got toasted nevertheless.

See a technical preview of our full 2025 AUD/USD Outlook report!

See a fundamental preview of our full 2025 AUD/USD Outlook report!

AUD/USD plunged alongside Wall Street indices following the Fed's last meeting of the year. And if Santa’s rally is to kick in at all this year, it could be to pick up some of the crumbs left during yesterday’s volatile selloff.

Commodity currencies are dancing to the tune of Chinese bond yields, with AUD/USD, USD/CAD, and NZD/USD locked in striking correlations. The Fed’s dot plot may stir the pot later today, but China’s yield curve rollercoaster isn’t slowing down anytime soon.

AUD/USD approaches the November 2023 low (0.6318) as it gives back the advance from the start of the week.

A dovish RBA meeting and stronger US dollar ahead of a key US inflation report has kept AUD/USD pinned to a key support level. And odds of it making a meaningful recovery this week appear low, without a surprise downside miss from US CPI. Which again, seems unlikely.

AUD/USD faces fresh pressure after the RBA's dovish shift raises rate cut bets, with traders now eyeing a potential move in February. A break below key support could see the pair test new lows as the outlook for the Aussie darkens.

Large speculators flipped to net-long exposure yen futures for the first time in six weeks. And it did not come without warning from myself or market positioning over the prior two weeks. Bullish exposure is certainly not extreme at just 2.4k contracts, but with odds of a BOJ hike rising and asset managers net-short by just 5.8k contracts, we could be looking at a stronger yen as we head into the new year given the turbulence we may face during Trump’s second term.

AUD/USD finds itself at a 13-month low after suffering its worst week in 19. Strong US data has propelled the USD higher while the Aussie also continues to track the Chinese yuan lower. A break of a key trendline from the 2022 low seems probable.

AUD/USD may attempt to test the yearly low (0.6349) as it extends the decline from the start of the month.

Weak GDP figures saw interest rates traders fully price in three 25bp RBA cuts by Feb 2026. And AUD/USD could have traded much lower on Wednesday, were it not for a stronger yuan coming to the Aussies rescue later in the day.

Australian Dollar is poised for a breakout with AUD/USD coiling just above support near the yearly lows. Battle lines drawn on the Aussie short-term technical charts.

I thought we might make it a bit closer to 2025 before the selloff an anticipated selloff on AUD/JPY unfolded. But we're reminded that Trump can make or break sentiment on a whim with his eye now on BRICS countries, which saw AUD/USD fall alongside the FX barometer of risk on Monday.

AUD/USD approaches the November low (0.6434) as it gives back a three-day rally.