Created
: 2025.10.16
- English
- English
- What's Myforex
- Share
- Use tools
- Get information
- What's New
- Help center
- About us
- Customer support
- Terms and policies
-
-
PortfolioShare your portfolio and performance in real time -
Events & contestsEvents and contests held by retail brokers around the world
-
-
Real-time spread comparisonCompare spreads of major retail brokers in real time -
Volatility analysisVisualize volatility as a measure of daily market activity -
Swap point comparisonCompare buy and sell swap values for each broker by symbol -
Market rates & chartsCheck prices for all instruments offered by each broker -
IndicatorsProviding in-house developed indicators for MT4/MT5 -
Trading calculatorsCalculation tools for each broker to help you trade
-
-
World FX newsLatest news on forex and cryptocurrencies from around the world -
Broker informationTrading information of retail brokers worldwide -
MetaTrader4/5 user guideUser guide collection for the latest MetaTrader4/5 -
Economic calendarRelease calendar for indicators from official sources of major economies
AUD/USD recovers early losses driven by weak Aussie employment data
World FX news
Breaking news
AUD/USD recovers early losses driven by weak Aussie employment data
New
2025.10.16 17:24
2025.10.16 17:24
2025.10.16 17:24
- AUD/USD rebounds to near 0.6500 after recovering weak Aussie employment-driven losses.
- Australian Unemployment Rate rose to 4.5% in September against estimates and the prior release of 4.3%.
- Firm Fed dovish bets and US government shutdown remain drags on the US Dollar.
The AUD/USD pair claws back its early losses and recovers to near 0.6500 during the European trading session on Thursday. The Aussie pair attracts bids after sliding to near 0.6480.
Earlier in the day, the Australian Dollar faced significant selling pressure after the release of the labor market data for September, which signaled slowdown in the job demand.
The Australian Bureau of Statistics reported that the Unemployment Rate accelerated to 4.5%, the highest level seen since November 2021. Economists expected the jobless rate to have remained steady at 4.3%. Fresh workers added by employers during the period were recorded at 14.9K, lower than expectations of 17K. In August, 11.8K employers were laid-off.
Meanwhile, the US Dollar (USD) trades cautiously amid firm Federal Reserve (Fed) dovish bets and ongoing United States (US) government shutdown.
At the press time, the US Dollar Index (DXY), which tracks the Greenback's value against six major currencies, trades close to the weekly low around 98.50.
According to the CME FedWatch tool, traders see a 94.6% that the Fed will reduce interest rates by 50 basis points (bps) to 3.50%-3.75% in the remaining year.
Australian Dollar FAQs
One of the most significant factors for the Australian Dollar (AUD) is the level of interest rates set by the Reserve Bank of Australia (RBA). Because Australia is a resource-rich country another key driver is the price of its biggest export, Iron Ore. The health of the Chinese economy, its largest trading partner, is a factor, as well as inflation in Australia, its growth rate and Trade Balance. Market sentiment - whether investors are taking on more risky assets (risk-on) or seeking safe-havens (risk-off) - is also a factor, with risk-on positive for AUD.
The Reserve Bank of Australia (RBA) influences the Australian Dollar (AUD) by setting the level of interest rates that Australian banks can lend to each other. This influences the level of interest rates in the economy as a whole. The main goal of the RBA is to maintain a stable inflation rate of 2-3% by adjusting interest rates up or down. Relatively high interest rates compared to other major central banks support the AUD, and the opposite for relatively low. The RBA can also use quantitative easing and tightening to influence credit conditions, with the former AUD-negative and the latter AUD-positive.
China is Australia's largest trading partner so the health of the Chinese economy is a major influence on the value of the Australian Dollar (AUD). When the Chinese economy is doing well it purchases more raw materials, goods and services from Australia, lifting demand for the AUD, and pushing up its value. The opposite is the case when the Chinese economy is not growing as fast as expected. Positive or negative surprises in Chinese growth data, therefore, often have a direct impact on the Australian Dollar and its pairs.
Iron Ore is Australia's largest export, accounting for $118 billion a year according to data from 2021, with China as its primary destination. The price of Iron Ore, therefore, can be a driver of the Australian Dollar. Generally, if the price of Iron Ore rises, AUD also goes up, as aggregate demand for the currency increases. The opposite is the case if the price of Iron Ore falls. Higher Iron Ore prices also tend to result in a greater likelihood of a positive Trade Balance for Australia, which is also positive of the AUD.
The Trade Balance, which is the difference between what a country earns from its exports versus what it pays for its imports, is another factor that can influence the value of the Australian Dollar. If Australia produces highly sought after exports, then its currency will gain in value purely from the surplus demand created from foreign buyers seeking to purchase its exports versus what it spends to purchase imports. Therefore, a positive net Trade Balance strengthens the AUD, with the opposite effect if the Trade Balance is negative.
Last updated
: 2025.10.16
Related articles
UK Chancellor Reeves: Determined to bring inflation back to target
28 minutes agoEUR/USD correction driven by position adjustment - Rabobank
35 minutes agoUS Dollar Index (DXY) remains depressed below 99.00 on trade fears
59 minutes agoFed Miran: Sees growth rate in 2026 to average around 2%
2025.10.16 20:24USD/JPY might decline toward 150.20 - UOB Group
2025.10.16 20:13NZD/USD: Likely to range-trade between 0.5700 and 0.5740 - UOB Group
2025.10.16 20:08
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
UK Chancellor Reeves: Determined to bring inflation back to target
United Kingdom (UK) Chancellor of the Exchequer Rachel Reeves denies introducing the wealth tax into the upcoming Autumn Budget in November, as we already have taxes on the wealthy community.
New
2025.10.16 20:58EUR/USD correction driven by position adjustment - Rabobank
Since mid-September EUR/USD has corrected lower. In our view this move was determined by position adjustment, Rabobank's FX analyst Jane Foley reports.
New
2025.10.16 20:51US Dollar Index (DXY) remains depressed below 99.00 on trade fears
The US Dollar found some support at the 98.40 area earlier on Thursday, but the frail recovery attempt has remained limited well below the 99.00 area.
New
2025.10.16 20:27Fed Miran: Sees growth rate in 2026 to average around 2%
Federal Reserve (Fed) Governor Stephen Miran warns of United States (US) economic uncertainty in the wake of renewed trade tensions with China.
New
2025.10.16 20:24USD/CNH: Sustained drop below 7.1200 appears unlikely - UOB Group
The slight increase in downward momentum suggests US Dollar (USD) could test 7.1200; a sustained drop below this level appears unlikely.
New
2025.10.16 20:17USD/JPY might decline toward 150.20 - UOB Group
Bias remains on the downside, and USD could decline toward 150.20. In the longer run, the current price movements are likely the early stages of a 149.50/153.00 range-trading phase, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
New
2025.10.16 20:13Gold Price Forecast: XAU/USD rallies further to near $4,240 due to multiple tailwinds
Gold price (XAU/USD) extends its rally to near $4,240 during the European trading session on Thursday. The precious metal continues to move higher amid firm Federal Reserve (Fed) dovish bets and ongoing trade tensions between the United States (US) and China.
New
2025.10.16 20:09NZD/USD: Likely to range-trade between 0.5700 and 0.5740 - UOB Group
New Zealand Dollar (NZD) is likely to range-trade between 0.5700 and 0.5740. In the longer run, there is a chance for NZD to test 0.5660 before the risk of a stronger recovery increases, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
New
2025.10.16 20:08AUD/USD: Likely to range-trade between 0.6480 and 0.6530 - UOB Group
Australian Dollar (AUD) is likely to range-trade between 0.6480 and 0.6530. Further declines in AUD still appear likely; the next level to watch is 0.6440, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
New
2025.10.16 20:04USD/JPY Price Forecast: Dollar recovery stalls below 151.40
The US Dollar is showing a moderate recovery from Wednesday's lows at 150.50 area against the Japanese Yen, USD bulls, however, have failed to find any significant acceptance above 151.40, which leaves the near-term bearish trend intact.The Dollar is struggling to regain lost ground against traditio
New
2025.10.16 20:02Disclaimer:
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.
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
