
AUD/USD Crushed Ahead of Jobs Report as US Dollar, Yields Surge
AUD/USD slumps towards 70c as surging US yields and a stronger dollar overshadow Australian jobs data and the RBA outlook.
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AUD/USD slumps towards 70c as surging US yields and a stronger dollar overshadow Australian jobs data and the RBA outlook.

Gold remains resilient despite a stronger US dollar and hawkish Fed rhetoric, while DXY momentum shows signs of fading near resistance.

AUD/USD outlook ahead of Australian employment, RBA speakers and the Trump–Xi summit as the Aussie extends its two-week retracement.

The ASX 200 has rebounded from the July low, but resistance around 8800 and 8875 could test the recovery.

While momentum is clearly backing bullish US dollar bets for now, I maintain my bigger picture view that it has topped for the year despite the Fed’s hawkish hike

GBP/USD steadies near support as traders await UK CPI and the Fed, while rising BoE hike expectations keep sterling risks firmly in focus.

USD/JPY grinds higher into the FOMC as Fed hike bets firm, while AUD/JPY tests major support after a sharp two-week selloff.

AUD/USD momentum fades as Fed hike expectations return, while RBA officials keep September tightening risks firmly in focus.

AUD/USD slides as surging oil, rising Treasury yields and hot US PPI revive Fed hike bets ahead of CPI.

US inflation risks are building beneath the surface, while DXY and several FX majors are showing early signs of a potential near-term dollar rebound as PPI and CPI loom.

USD/JPY slides as BOJ and Fed repricing favour the yen, while traders await confirmation of whether the MOF joined the move.

Record yen short positions and a hawkish Fed have propelled USD/JPY to fresh highs, but with the pair testing key intervention levels, traders may soon discover whether Japan's Ministry of Finance is willing to act.

AUD/USD holds above 72c as traders weigh rising Fed hike bets, US CPI, Treasury yields and a potential test of its year-to-date high.