AUD/USD news for September 21, 2026
The Australian dollar has been outperforming peers on renewed bets for a hawkish Reserve Bank of Australia, including expectations for a September rate hike. Focus is on comments from Governor Bullock and upcoming Australian jobs data, alongside diverging policy outlooks versus other central banks. Broader market attention is also on Fedspeak and U.S. ADP figures, Trump-Xi developments, and Brent oil testing $100, with the Aussie breaking from the pack.
How the day unfolded
The Australian dollar has edged lower as bets on Federal Reserve rate hikes have grown ahead of a Trump-Xi summit. The pound is also reported to face headwinds against the Aussie, Loonie and Krone while oil stays above $100.
The Australian dollar edged lower as growing bets on a Fed hike came into focus ahead of the Trump-Xi summit. At the same time, domestic rate expectations are in focus with all four major Australian banks now forecasting an RBA hike to 4.60% on September 29. Trade developments are also in the headlines, with US Treasury Secretary Bessent saying he had a very successful engagement with China on trade and AI.
The Australian dollar edged lower as Fed hike bets grew ahead of the Trump-Xi summit, while U.S. Treasury Secretary Bessent said there was a very successful engagement with China on trade and AI. At the same time, all four major Australian banks now forecast an RBA hike to 4.60% on September 29. These U.S. and Australian rate expectations alongside trade developments provide context for AUD/USD.
The Australian dollar has edged lower against the US dollar but is holding above 0.7100, with growing expectations for a Fed hike weighing alongside forecasts from all four major Australian banks for an RBA hike to 4.60% on September 29. Attention is centered on the upcoming Trump-Xi summit, after the US Treasury Secretary said recent engagement with China on trade and AI was very successful.
AUD/USD is holding above 0.7100 as markets eye the upcoming Trump-Xi meeting and U.S.-China trade discussions, after U.S. Treasury Secretary Bessent described engagement with China on trade and AI as very successful. Domestically, all four major Australian banks now expect the RBA to hike to 4.60% on September 29, with Australian jobs data in focus for further context.
The Australian dollar has outperformed its peers on hawkish RBA bets, with all four major Australian banks now forecasting a hike to 4.60% on September 29 and focus turning to upcoming Australian jobs data. Attention is also on US-China trade developments ahead of a Trump-Xi meeting, after US Treasury Secretary Bessent described engagement with China on trade and AI as very successful. AUD/USD was noted holding above 0.7100 as markets eye a possible trade truce.
The Australian Dollar has outperformed its peers on hawkish RBA bets, with all four major Australian banks now forecasting a hike to 4.60% on September 29. Focus is on upcoming jobs data and comments from Bullock, while AUD/USD holding above 0.7100 comes as traders await the Trump-Xi meeting after the US Treasury Secretary reported a successful engagement with China on trade and AI.
The Australian dollar is outperforming peers on growing expectations for a hawkish Reserve Bank of Australia move, with all four major Australian banks now forecasting a hike to 4.60% on September 29. Attention is on upcoming Australian jobs data and comments from Bullock, as well as the Trump-Xi meeting, while Brent crude testing $100 provides additional broader market context for AUD/USD holding above 0.7100.
The Australian dollar has outperformed peers on renewed bets for a Reserve Bank of Australia hike in September, with focus on upcoming remarks from Bullock and Australian jobs data. Broader markets are also waiting on a Trump-Xi meeting while Brent oil tests $100, a setting in which the Aussie and Canadian dollar have moved differently from the pack. Against this backdrop, AUD/USD has held above 0.7100.
The Australian dollar has outperformed peers on renewed expectations for a hawkish Reserve Bank of Australia, including bets on a September hike ahead of comments from Bullock and Australian jobs data. AUD/USD holding above 0.7100 is also set against market focus on the Trump-Xi meeting and Brent oil above $100, with policy differences between the RBA and other central banks like the BoJ in view.
Headlines (13)
- Pound Faces Headwinds Against Aussie, Loonie and Krone While Oil Stays Above $100www.poundsterlinglive.com · Sep 20, 14:58 UTC
- Australian Dollar edges lower as Fed hike bets grow ahead of Trump-Xi summitwww.fxstreet.com · Sep 20, 23:33 UTC
- US Treasury Secretary Bessent says had a very successful engagement with China on trade and AIwww.fxstreet.com · 01:14 UTC
- All four major Australian banks now forecast RBA hike to 4.60% on September 29investinglive.com · 01:41 UTC
- AUD/USD Price Forecast: Holds comfortably above 0.7100 as bulls await Trump-Xi meetingwww.fxstreet.com · 03:10 UTC
- China holds its ground as markets eye trade truce ahead of Trump-Xi summitinvestinglive.com · 05:07 UTC
- AUD/NZD Nears 1.25 as Big Four Align on RBA September Hike, Australian Jobs Data Comes Into Focuswww.actionforex.com · 06:23 UTC
- Australian Dollar outperforms its peers on hawkish RBA betswww.fxstreet.com · 06:44 UTC
- Australian Dollar rises vs Japanese Yen on diverging RBA, BoJ policy outlookswww.fxstreet.com · 09:27 UTC
- Australian Dollar edges higher on renewed RBA hike bets ahead of Bullock, jobs datawww.fxstreet.com · 10:45 UTC
- Markets Wait on Trump-Xi as Brent Tests $100—AUD and CAD Break From the Packwww.actionforex.com · 13:19 UTC
- Australian Dollar Price Forecast: Bulls need more convictionwww.fxstreet.com · 16:34 UTC
- Forex Today: Fedspeak takes centre stage alongside weekly ADP figureswww.fxstreet.com · 17:45 UTC
Scheduled events
As of 19:32 UTC
- 2026-09-21 — FOMC Member Goolsbee Speaks · USD
- 2026-09-21 — RBA Assist Gov Hunter Speaks · AUD
- 2026-09-22 — RBA Gov Bullock Speaks · AUD
- 2026-09-22 — ADP Weekly Employment Change · USD
- 2026-09-22 — Richmond Manufacturing Index · forecast 5 · USD
- 2026-09-22 — FOMC Member Williams Speaks · USD
- 2026-09-22 — FOMC Member Jefferson Speaks · USD
- 2026-09-22 — FOMC Member Barkin Speaks · USD
Not investment advice. For informational purposes only.