Australian Dollar MAY7 (6A2705) News

Surprise! U.S. nonfarm payrolls unexpectedly declined by 23,000 in July, with previous two months' figures revised down by a total of 103,000, dampening expectations for further rate hikes.

Expected to rise by 80,000 but plunged by 23,000 instead! The latest U.S. nonfarm payroll data unexpectedly cooled significantly—has a September rate hike become nothing more than wishful thinking?

wallstreetcnAug 7 21:04

Global Forex and Fixed Income Roundup: Market Talk

WSJAug 7 11:18

Surging oil prices intensify inflation concerns, with the probability of a Fed rate hike in September exceeding 50%—what lies ahead for the Australian dollar?

During the Asian session on Friday (August 7), the Australian dollar traded in a narrow range against the U.S. dollar, edging slightly lower to around 0.7020, continuing the mildly weaker tone from the previous session. The AUD/USD fell 0.35% on Thursday, under clear pressure as a stronger U.S. dollar and renewed safe-haven demand weighed heavily on risk-sensitive currencies like the Australian dollar. Escalating geopolitical risks provided safe-haven support for the dollar, while a rebound in oil prices reignited inflation concerns, reinforcing expectations of further rate hikes by the Federal Reserve. Markets are now awaiting Friday’s U.S. nonfarm payrolls report for clearer directional cues, with the Reserve Bank of Australia’s policy meeting next week also in focus. Geopolitical

FX678 FinanceAug 7 11:09

The U.S. nonfarm payrolls report is set for release tonight at 20:30! Could weak data fuel rising expectations of a Federal Reserve rate cut?

The U.S. nonfarm payrolls report for July will be released this Friday, with markets expecting an increase of 83,000 jobs and the unemployment rate holding steady at 4.2%. ② Recent leading indicators have been weak, and multiple institutions anticipate that July’s nonfarm payrolls will fall short of expectations; the current pattern of “low hiring, low layoffs” is significantly impacting young job seekers. ③ If labor market weakness persists, the Federal Reserve’s policy trade-off calculus could shift later this year.

cls.cnAug 7 08:57

Nonfarm payrolls arrive tonight at 20:30! Wall Street forecasts diverge: 18,000 or 80,000? Markets brace for high volatility.

The U.S. nonfarm payrolls report for July is set to be released tonight, with Wall Street forecasts ranging widely from 18,000 to 83,000, signaling imminent market volatility. With the Federal Reserve's policy path still uncertain and risks of Japanese yen intervention looming, the cost of dollar options has quietly risen to a recent high, as investors brace for potential surprises.

Golden10 DataAug 7 08:49

Asian Currencies Consolidate Ahead of U.S. Non-Farm Payrolls Report -- Market Talk

WSJAug 7 08:13

Australia Dollar Set to Weaken Against Majors Through 2H26, Says CBA -- Market Talk

WSJAug 7 07:04

AUD/USD Trading Signal: Moderately Bullish, but Reversal Remains Possible Ahead of Nonfarm Payrolls Data Release

During the European trading session on Thursday (August 6), the Australian dollar weakened slightly against the U.S. dollar after rallying to 0.7064 on Wednesday. It was quoted at 0.7039 during the session, showing a modest decline. Stronger-than-expected U.S. nonfarm payroll data and the Reserve Bank of Australia's policy decision, along with renewed hopes for the resumption of shipping through the Strait of Hormuz, have driven the AUD/USD pair significantly higher. Iran and Oman have continued negotiations this week, raising market expectations for the restoration of transit through the strait, which has led to a decline in international crude oil prices. The coming days will represent a critical window for this currency pair. Later today, the U.S. will release the latest initial and continuing jobless claims figures. Economists expect initial jobless claims for last week to rise to

FX678 FinanceAug 6 17:59

Australian Dollar Approaching Major Resistance Zone Vs. U.S. Dollar, Charts Show -- Market Talk

WSJAug 6 13:17

Economy: Australia recorded a goods trade surplus of AUD 1.929 billion in June, far exceeding expectations.

The Australian Bureau of Statistics reported that, seasonally adjusted (unless otherwise stated), Australia’s merchandise exports rose 9.6% month-over-month in June to A$47.696 billion, while imports edged down 0.2% month-over-month to A$45.768 billion, resulting in a trade surplus of A$1.929 billion—significantly better than the market expectation of a deficit of A$10.6 billion. The prior month’s deficit was revised to A$23.67 billion. The Australian dollar remained stable, trading at USD 0.7057.

AASTOCKSAug 6 10:27

Technical Liu Report: Spot gold prices test the $4,200 level; the U.S. Dollar Index remains under pressure.

Spot silver prices continue their upward trend, with EUR/USD and GBP/USD maintaining bullish momentum…

Golden10 DataAug 5 20:43

After Trump threatened a 'fierce strike,' Iran stated that the Strait of Hormuz will not be opened immediately.

Iran stated that its talks with Oman concerned only coordination on vessel passage and were unrelated to the United States, adding that the reopening of the Strait of Hormuz still hinges on the U.S. rectifying its 'violations.' Earlier, Trump claimed the strait would be opened 'very soon,' warning that Iran would otherwise face 'fierce strikes.'

wallstreetcnAug 5 19:30

U.S. Treasury Secretary Backs Waller: No Need to Raise Rates Now; Reduced Forward Guidance Requires a 'Detox Period'!

① U.S. Treasury Secretary Bessent stated that interest rate hikes are unnecessary and defended Fed Chair Volcker, saying it was prudent for him to avoid offering forward guidance; ② Volcker did not outline a specific path to achieving the 2% inflation target, leading markets to question the credibility of his commitment, with rising long-term U.S. Treasury yields signaling diminished confidence in the Federal Reserve.

cls.cnAug 5 11:05

Asian Currencies Consolidate; May Gain on Hopes for Hormuz Reopening -- Market Talk

WSJAug 5 08:11

Concerns over weak Australian data are mounting, compounded by the renewed resilience of the U.S. dollar: what is the extent of near-term downside risk for the Australian dollar?

During early Asian trading on Tuesday (August 4), the Australian dollar traded near the 0.7000 level against the U.S. dollar. The pair had earlier climbed to 0.7050 the previous day but subsequently gave back its gains, closing at 0.6998. Despite generally supportive global risk sentiment, the U.S. dollar regained some ground supported by strong economic data, while signs of easing geopolitical tensions in the Middle East jointly weighed on the Australian dollar. The U.S. ISM Manufacturing PMI for July came in at 55.6, up from the prior reading of 53.3 and marking its highest level since 2022. Subcomponents showed continued hiring by businesses, although the Prices Paid Index indicated rising input costs.

FX678 FinanceAug 4 08:24

U.S.-Japan Joint Intervention: A New 'Plaza Accord,' the Dawn of Bretton Woods II, and the End of the Yen Carry Trade Era

The United States and Japan have launched an unprecedented joint intervention in the foreign exchange market to support the yen, driving the yen’s exchange rate up sharply from a near 40-year low to 157.40 within two days. As Japan is forced to sell U.S. Treasury securities to defend its currency, and as major technology firms shift from being providers of savings to consumers of credit, the decades-old yen carry trade logic underpinning the global financial system is collapsing—ushering in a transformative realignment of the global macroeconomic architecture.

wallstreetcnAug 3 08:20

The Australian dollar is balancing between risk appetite and uncertainty, with expectations of Reserve Bank of Australia rate hikes providing a floor.

In early Asian trading on Monday (August 3), the Australian dollar strengthened against the U.S. dollar, currently trading around 0.7040. U.S. President Trump canceled a planned military strike on Iran, citing an “imminent agreement” on Iran’s nuclear program and the full reopening of the Strait of Hormuz, significantly improving risk appetite and providing support to the Australian dollar. The Reserve Bank of Australia’s hawkish stance continues to offer structural support to the currency, with markets still fully pricing in at least one more rate hike this year. However, Iranian officials denied Trump’s claim, calling it “just another lie,” leaving geopolitical uncertainty in the Middle East elevated. Trump’s cancellation of the strike boosted risk sentiment.

FX678 FinanceAug 3 08:07

AUD/USD Flashes Rally Signs, But Could RBA Spoil the Party?

InvestingCubeJul 31 23:34

U.S. June PCE monthly rate unexpectedly turned negative! Q2 GDP growth slowed—but is there more than meets the eye?

On the surface, the annualized growth rate of U.S. GDP in the second quarter slowed to 1.5%, but the reality beneath is quite different. Additionally, the U.S. PCE price index recorded its first monthly decline since 2020 in June...

Golden10 DataJul 30 21:07

RBA rate hike expectations cool amid Fed's hawkish signals, as AUD awaits August meeting for direction

During the Asian session on Thursday (July 30), the Australian dollar traded in a narrow range around 0.6960 against the U.S. dollar, following three consecutive days of declines. Domestically, Australia’s June inflation rate unexpectedly eased to 3.8% (previous: 4.0%; forecast: 4.0%), marking a four-month low. Market expectations for another rate hike by the Reserve Bank of Australia (RBA) within the year plummeted from over 90% prior to the data release to approximately 50%, and the yield on 10-year government bonds fell back to 4.9%. On the external front, the Federal Reserve maintained interest rates unchanged by a vote of 9–3, with three hawkish members dissenting. At the press conference, [Kevin] Warsh explicitly pledged that the Fed would 'remain unwavering' in its commitment to achieving its 2% inflation target. Two forces

FX678 FinanceJul 30 10:38