AUD/USD pits the Australian dollar against the US dollar – but where is this major FX pair headed next? Find out here with our latest AUD/USD news and analysis, covering what you should be watching on both sides of the currency pairing.

  • Newest
  • Popular

AUD/USD, ASX 200: Three-peat of hawkish disappointment under the RBA’s new leadership

The question now for AUD/USD and ASX 200 is whether the tone truly reflects what the RBA is thinking, or will we see a repeat of recent months where subsequent commentary has been far more hawkish in nature?

default avatar
Today 04:23 AM

AUD/USD, USD/JPY: US rate outlook in focus ahead of RBA meeting, ISM services

While the RBA’s final rate meeting of 2023 is the headline act on the Australian data calendar, movement in AUD/USD and USD/JPY are likely to be dictated by gyrations in US yields and USD/CNH on Tuesday.

default avatar
Yesterday 10:50 PM

EUR/AUD, GBP/AUD, AUD JPY: Softer US dollar has the Aussie looking constructive against the crosses

While AUD/USD has yet to break the downtrend running from early 2022, the reprieve against the dollar has it looking more constructive against the crosses, especially the euro and Japanese yen having broken key levels on the weekly charts.

default avatar
December 1, 2023 05:43 AM

Open an account today

Tight spreads from 0.5 pts on FX and 1 pt on indices.

Award-winning platforms with fast and secure execution.


AUD monthly wrap: December 2023

AUD/USD was the strongest performer among the Aussie pairs we track in November. A combination of hawkish RBA alongside bets of Fed cuts in 2024 played nicely with our long bias. What will December bring?

default avatar
December 1, 2023 03:59 AM

AUD/USD, USD/CNH: PMIs suggest China’s economy is nearing stall speed

Chinese economic activity is nearing stall speed with the government’s purchasing managers indexes (PMIs) falling further in November, surprising markets to the downside for a second consecutive month.

default avatar
November 30, 2023 02:17 AM
Downward trend

AUD/USD, gold stall around key levels ahead of US inflation: Asian Open

The US PCE inflation report is arguably the event of the week, and with traders having vigorously sold the US dollar ahead of it I am left wondering if it is a case of ‘sell the rumour, buy the fact’ – especially if it comes on hot. And with AUD/USD and gold stalling around key levels on Wednesday, the potential for mean reversion seems apparent.

default avatar
November 29, 2023 10:40 PM
Currency exchange rate board of multiple currencies

AUD/USD hits resistance pre-CPI as USD/JPY, USD/CNH probe support: Asian Open

With USD/CNH and USD/JPY probing key support levels, we may require a break of them for AUD/USD to stand a chance of continuing its strong rally (which met strong resistance on Tuesday). Unless of course Australia is treated to an uncomfortably hot inflation report today, which could fan fears of another RBA hike.

default avatar
November 28, 2023 09:46 PM

AUD/USD, ASX 200 continue to go their separate ways: Asian Open

Two milestones were set on Monday for two key Australian markets, which saw AUD/USD close above its 200-day average for the first time in four months and the ASX 200 close below 7,000.

default avatar
November 27, 2023 10:26 PM
Graphic of trading data chart

US dollar bears running out of steam? AUD/USD, USD/JPY: Asian Open

We watched with bated breath to see if USD/CNH would break its 200-day average on Tuesday and pave the way for the next bout of US dollar weakness. Yet with that key level holding as support, it leaves room for some US dollar strength, a higher USD/JPY and weaker AUD/USD.

default avatar
November 21, 2023 10:26 PM
Multiple Euro bank notes in 20€, 50€ and 100€

AUD/USD rises as RBA min retain hawkish bias, USD/JPY, USD/CNH slide continues

There was a risk that the RBA’s minutes were more hawkish than their November statement had let on, and this certainly seems to be the case. And hawkish minutes alongside a lower USD/CNH and USD/JPY have helped AUD/USD test a new cycle high today. Can it now gun for 66?

default avatar
November 21, 2023 01:47 AM
Australian flag

AUD/USD, RBA mins in focus, Nasdaq tracks Thanksgiving seasonality: Asian Open

We're on the lookout for any hawkish undertone in today's RBA minutes - given the RBA's statement was deemed to be less hawkish than expected. Failure to do so could see AUD/USD hand back some of it's gains. The Nasdaq is also following its seasonaly tendency to rise into Thanksgiving.

default avatar
November 20, 2023 10:22 PM
Finger pointing on market chart data

AUD/USD, USD/JPY forecast: Asian Open – Nov 20, 2023

With a bullish engulfing week and day for AUD/USD on Friday, can the Aussie muster up the strength for a breakout above key resistance? And if losses on USD/CNH are anything to go by, perhaps USD/JPY is preparing to follow suit.

default avatar
November 19, 2023 10:06 PM

AUD/USD traders eye employment data, crude oil bears return: Asian Open

Whilst AUD/USD failed to hold onto its breakout gains seen on Wednesday, it may stand a better chance today if employment data is punchy enough. And crude oil bears have returned from their short hiatus to drive prices lower from $80 resistance.

default avatar
November 15, 2023 10:14 PM

AUD/USD eyes breakout, bonds yields get smashed post CPI: Asian Open

Hopes that the Fed have reached their terminal rate were revived with a softer-than-expected US inflation report. Earlier comments from Fed officials (namely Powell) had rekindled concerns that the Fed may have another hike up their sleeve, yet with CPI and core CPI reads all undershooting consensus estimates, risk-on returned in a big way.

default avatar
November 14, 2023 10:15 PM

EUR, AUD, CAD, WTI analysis: Commitment of traders report (COT)

Large speculators increased their gross-long exposure to AUD/USD futures by 17.1% and trimmed shorts by -2.9% on the day of the RBA’s last hike. And this could be a significant development when you consider net-short exposure recently hit a record level of bearishness just six weeks ago, yet prices defied bears with a sustainable break beneath 63c.

default avatar
November 14, 2023 01:56 AM

WTI crude oil mean reversion kicks in, ASX for 7100? Asian Open

WTI crude oil rose for a second day after the monthly OPEC report played down demand concerns and blamed speculators for oil's recent decline. A move to $80 at a minimum or $83 could now be on the cards. We also have a near-term bullish bias on the ASX 200.

default avatar
November 13, 2023 10:02 PM

AUD/USD, S&500 analysis: Asian Open – Nov 13, 2013

The S&P 500 continues to defy gravity and appears on the cup of breaking above a key resistance level. And whilst AUD/USD fell for five days last week, it is fast approaching a key support level that has been favourable to dip buyers in recent times.

default avatar
November 12, 2023 10:08 PM

30 days risk-free trading with £10,000 in virtual funds

Downward trend

AUD/USD, gold: Reversal roadblocks loom as prices near key levels

AUD/USD and gold have struggled in November, giving back some of the gains achieved in late October. With both sitting near key levels, we look at the prospects for a bounce or extension of the pullback in the days ahead.

default avatar
November 8, 2023 11:17 PM

WTI continues to defy the consensus, AUD/USD falls post RBA: Asian Open

WTI fell over 4% to a 4-month low on Tuesday after slicing through $80. AUD/USD was also the weakest FX major after the RBA's statement lacked the level of hawkishness traders were seemingly positioned for.

default avatar
November 7, 2023 09:33 PM

AUD/USD, ASX 200: Don’t be so quick to call it a dovish RBA hike

Traders believe the RBA is one-and done when it comes to the restart of its tightening cycle, jumping to the conclusion the 25 basis point rate hike to 4.35% will likely be the last. AUD/USD fell while the ASX 200 rallied.

default avatar
November 7, 2023 04:38 AM

AUD/USD, ASX 200 tread water ahead of expected RBA hike: Asian Open

With an overwhelming majority now backing a 25bp RBA hike today, the RBA may need to deliver a hawkish hike for AUD/USD to stand any chance of a sustainable break above resistance and send the ASX 200 materially lower.

default avatar
November 6, 2023 10:00 PM
Australian flag

AUD/USD analysis: RBA, Peak Fed Rates Narrative makes Aussie Currency Pair of the Week

The AUD/USD is our featured currency pair of the week, in what will be a quieter week for economic data compared to the previous week. Still, it could be a busy one for the Aussie given that we have a rate decision from the RBA as well as economic data from China and the US to look forward to.

High rise buildings

AUD/USD, US dollar, Gold, WTI analysis: Commitment of traders report (COT)

It seems a combination of short covering and fresh initiation of longs helped AUD/USD enjoy its best week of the year last week, just a few weeks after large speculators hit a record level of net-short exposure. The same could likely be said for the Dow Jones which also reached a record level of net-short exposure. WTI crude oil failed to capitalise on the risk-on vibe and fell for a second week.