Select Language

AUD/USD surges above 0.6600 as RBA warns of upside inflation risks

Breaking news

AUD/USD surges above 0.6600 as RBA warns of upside inflation risks

  • X
  • facebook
  • LINE
  • RSS

  • X
  • facebook
  • LINE
  • RSS
New update 2025.09.30 17:38
AUD/USD surges above 0.6600 as RBA warns of upside inflation risks

update 2025.09.30 17:38

  • AUD/USD advances above 0.6600 as RBA seems unlikely to cut interest rates in the near term.
  • The RBA held its OCR steady at 3.6%, as expected, and warns of upside inflation risks.
  • Investors await US JOLTS Job Openings data for August.

The AUD/USD pair jumps to near 0.6600 during the European trading session on Tuesday. The Aussie pair has been trading strongly as the Australian Dollar (AUD) outperforms its peers, following the monetary policy announcement by the Reserve Bank of Australia (RBA).

Australian Dollar Price Today

The table below shows the percentage change of Australian Dollar (AUD) against listed major currencies today. Australian Dollar was the strongest against the US Dollar.

USD EUR GBP JPY CAD AUD NZD CHF
USD -0.22% -0.11% -0.52% -0.03% -0.45% -0.44% -0.24%
EUR 0.22% 0.08% -0.30% 0.16% -0.24% -0.22% 0.00%
GBP 0.11% -0.08% -0.36% 0.10% -0.34% -0.32% -0.09%
JPY 0.52% 0.30% 0.36% 0.44% 0.06% 0.24% 0.31%
CAD 0.03% -0.16% -0.10% -0.44% -0.42% -0.38% -0.19%
AUD 0.45% 0.24% 0.34% -0.06% 0.42% 0.01% 0.25%
NZD 0.44% 0.22% 0.32% -0.24% 0.38% -0.01% 0.23%
CHF 0.24% -0.00% 0.09% -0.31% 0.19% -0.25% -0.23%

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Australian Dollar from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent AUD (base)/USD (quote).

Earlier in the day, the RBA held its Official Cash Rate (OCR) steady at 3.6%, as expected, and remained uncertain over interest rate cuts in the near-term amid upside inflation risks.

"Components of monthly Consumer Price Index (CPI) are little higher than expected, inflation is not running away," RBA Governor Michelle Bullock said.

The RBA has also signaled that inflation in the third quarter is expected to come in higher than what ad anticipated in August.

Meanwhile, the US Dollar (USD) faces selling pressure due to mounting risks of potential United States (US) government shutdown as Republicans struggle to persuade Democrats to support stopgap bill before the Tuesday midnight deadline.

The US Dollar Index (DXY), which tracks the Greenback's value against six major currencies, trades marginally lower around 97.80.

In Tuesday's session, investors will focus on US JOLTS Job Openings data for August, which will be published at 14:00 GMT. The report is expected to show that US employers posted fresh 7.1 million jobs, in line with the prior reading of 7.18 million.

Economic Indicator

RBA Interest Rate Decision

The Reserve Bank of Australia (RBA) announces its interest rate decision at the end of its eight scheduled meetings per year. If the RBA is hawkish about the inflationary outlook of the economy and raises interest rates it is usually bullish for the Australian Dollar (AUD). Likewise, if the RBA has a dovish view on the Australian economy and keeps interest rates unchanged, or cuts them, it is seen as bearish for AUD.

Read more.

Last release: Tue Sep 30, 2025 04:30

Frequency: Irregular

Actual: 3.6%

Consensus: 3.6%

Previous: 3.6%

Source: Reserve Bank of Australia

 


Date

Created

 : 2025.09.30

Update

Last updated

 : 2025.09.30

Related articles


Show more

FXStreet

Financial media

arrow
FXStreet

FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.

Was this article helpful?

We hope you find this article useful. Any comments or suggestions will be greatly appreciated.  
We are also looking for writers with extensive experience in forex and crypto to join us.

please contact us at [email protected].

Thank you for your feedback.
Thank you for your feedback.

Most viewed

GBP/USD resumes bearish ways as Fed rate cut bolsters Greenback

GBP/USD fell steeply during Wednesday's American market session, extending a decline through the 200-day Exponential Moving Average (EMA) and pushing Cable positioning even further into bear country.
New
update2025.10.30 08:33

Aussie slips as Fed's "hawkish cut" dashes December dovish hopes

The Australian Dollar dropped on Wednesday after the US Federal Reserve cut rates by 25 basis points but signaled that the December's meeting remains open, after Powell said that a cut is far from a done deal. The AUD/USD trades at 0.6569, down 0.25%.
New
update2025.10.30 08:08

Bank of Japan expected to stand pat on interest rates, awaiting PM Takaichi's moves

The Bank of Japan (BoJ) meets on Thursday and is expected to keep its benchmark interest rate unchanged at 0.5%, awaiting the first moves of Prime Minister Sanae Takaichi's new cabinet.
New
update2025.10.30 08:00

EUR/USD tumbles as Powell delivers 'hawkish cut,' dials back December easing bets

EUR/USD slid on Wednesday over 0.43% as the Federal Reserve delivered a "hawkish cut" after Fed Chair Jerome Powell said that "rate cut in December is far from foregone conclusion." At the time of writing, the pair trades near weekly lows of 1.1601 with traders eyeing monthly lows of 1.1542.
New
update2025.10.30 06:36

FX Today: A steady hand is anticipated from the BoJ and the ECB

The US Dollar (USD) sharply reversed its recent weakness as market participants assessed the widely anticipated rate reduction by the Federal Reserve, while hopes of a US-China trade deal continued to do the rounds in the background.
New
update2025.10.30 05:08

Dow Jones Industrial Average retreats after Fed's Powell reconsiders third rate cut

The Dow Jones Industrial Average (DJIA) shuddered on Wednesday, knocking lower after Federal Reserve (Fed) Chair Jerome Powell warned that the latest Fed interest rate cut may be the last rate move for a little while.
New
update2025.10.30 04:49

EUR/USD slides as Fed delivers rate cut, signals end of QT

EUR/USD seesawed within the 1.1650-1.1635 range on Wednesday as the Federal Reserve cut rates by 25 basis points as expected, yet there were two dissenters at the meeting. At the time of writing, the pair trades volatile, as traders await the Fed Chair Jerome Powell press conference.
New
update2025.10.30 03:23

GBP/USD dips following Fed rate cut and QE drawdown confirmation

GBP/USD faced a fresh bout of downside on the intraday level, churning after the Federal Reserve (Fed) delivered a widely anticipated 25 basis point interest rate cut on Wednesday.
New
update2025.10.30 03:15

Gold steadies near $4,000 as Fed delivers spit 25 bps rate cut

Gold price rallies as the Federal Reserve (Fed) decided to cut interest rates by 25 basis points, as expected, though not unanimously. At the time of writing, XAU/USD trades volatile within the $3,990-$4,010 range as traders brace for Fed Chair Jerome Powell press conference.
New
update2025.10.30 03:10

US Dollar Index roils after Fed delivers expected interest rate moves

The US Dollar Index (DXY) churned after the Federal Reserve (Fed) delivered a widely-anticipated 25 basis point interest rate cut on Wednesday.
New
update2025.10.30 03:09

Disclaimer:arw

All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.

The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.

  • Facebook
  • Twitter
  • LINE

Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy

I agree
share
Share
Cancel