The Australian Dollar (AUD) extended its decline for the second straight session against the US Dollar (USD) on Wednesday (18/12). Traders are bracing for a potential 25 basis point interest rate cut by the US Federal Reserve (Fed) later in the North American session.
The AUD is also facing headwinds as traders increase their bets that the Reserve Bank of Australia (RBA) will cut rates sooner and more significantly than previously expected. However, the upcoming decision will be data-driven, with evolving risk assessments guiding the RBA's approach.
The US Dollar (USD) remains solid amid market caution ahead of the Fed's decision. According to the CME FedWatch tool, markets are now almost fully pricing in a quarter-basis point cut at the Fed's December meeting. Additionally, traders will be closely monitoring Fed Chair Jerome Powell's press conference and the Summary of Economic Projections (dot-plot) following the meeting.
The US Census Bureau reported on Tuesday that US Retail Sales rose 0.7% MoM in November, compared to a 0.5% increase previously. Meanwhile, the Retail Sales Control Group rose 0.4% from a previous decline of 0.1%.
Source: FXStreet
The Australian dollar strengthened against the US dollar on Wednesday, recouping the previous session's losses. This boost came from comments by RBA Assistant Governor Sarah Hunter: recent data appear...
The Australian dollar (AUD) strengthened to around 0.6530 against the US dollar (USD) in the Asian session on Monday, after falling more than 1% in the previous trading session. This strengthening occ...
The Australian dollar strengthened to around $0.657 on Friday (October 10), rebounding from a nearly two-week low. This gain came after RBA Governor Michele Bullock struck a cautious tone: services in...
Wednesday, October 8, 2025 - The Australian dollar weakened to around US$0.656, extending its decline as the US dollar continued to strengthen. Safe-haven demand for the greenback increased as the US ...
The Australian dollar (AUD) strengthened against the US dollar (USD) this morning after the latest inflation data from the TD Securities–Melbourne Institute (TD-MI) showed a higher-than-expected surge...
The Fed will meet on October 28-29, 2025. This meeting is crucial because the market still considers the possibility of an interest rate cut, but its direction will be heavily influenced by the September CPI (US inflation) release, which was...
Shutdown pemerintah AS sudah masuk hari ke-22 (22 Oktober 2025), menjadikannya kedua terpanjang dalam sejarah. Di Senat, pemungutan suara untuk membuka kembali pemerintahan sudah 11 kali gagal, sehingga kebuntuan makin panjang. Presiden Donald...
Gold resumes corrective downside Gold stalls its recovery momentum and returns to the red below $4,100 in European trading on Wednesday. The rebound in Gold faces headwinds from a renewed buying interest seen in the US Dollar amid broad risk...
U.S. Treasury Secretary Scott Bessent said on Friday he expects to meet next week with Chinese Vice Premier He Lifeng in Malaysia to try to...
The 20-day US federal government shutdown is likely to end this week, White House economic adviser Kevin Hassett said on Monday.
"I think the...
The Federal Reserve will go into a policy meeting next week with its view of the economy obscured by a U.S. government shutdown that has suspended...
Asia-Pacific stock markets opened higher on Monday (October 20th), as investors awaited the release of key economic data from China. Analysts expect...