AUD/USD news for September 28, 2026
The Australian dollar is trading near 0.7000 against the US dollar ahead of the Reserve Bank of Australia's policy statement on Tuesday. Markets are focused on expectations that the RBA could raise its cash rate to 4.6%, its highest level since 2011, alongside hawkish signals from the US Federal Reserve. The contrast between continued RBA hiking expectations and more cautious stances from other central banks is making this a defining week for the currency.
Updated
This day is still open. Its readings are published once it closes. The live reading is on the AUD/USD page.
The day on the wire
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Each tick is a headline first seen that day.
Headlines (12)
First seen on September 28
- Two-Month China Truce Falls Short Of Expectations As Markets Fade Trump-Xi SummitZeroHedge
- China and U.S. to set up Trade Council and extend trade truce to January 2027InvestingLive
- China posts weakest industrial profit growth this year, expanding 4.2% in AugustCNBC
- China’s industrial profit growth slows further as economic imbalances deepenInvesting.com
- Event Guide: RBA Monetary Policy Statement (September 2026)babypips.com
- AUD/USD Price Forecast: Bears await break below 0.7000 ahead of RBA on TuesdayFXStreet
- Why the RBA Keeps Hiking While Other Central Banks Stay Cautiousbabypips.com
- AUD/JPY Price Forecast: Recovers above 110.50, but technical outlook stays bearishFXStreet
- The Australian Dollar Faces a Defining WeekActionForex
- Australian Dollar: Hawkish RBA hike expectations – INGFXStreet
Carried over from earlier days
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Monday, September 28 | ||
| FOMC Member Bowman Speaks | USD | |
| FOMC Member Cook Speaks | USD | |
| FOMC Member Barkin Speaks | USD | |
| Tuesday, September 29 | ||
| Household Spending m/m | 0.4% | AUD |
| RBA Rate Statement | AUD | |
| Cash Rate | 4.60% | AUD |
| RBA Press Conference | AUD | |
| S&P/CS Composite-20 HPI y/y | 2.2% | USD |