AUD/USD bias flipped 2 times to weak bullish on October 4, 2026
The Australian dollar traded above 0.6950 following soft US jobs data. In Australia, services PMI growth slowed to 51.9 with job cuts returning as price pressures build, while Treasurer Chalmers linked global turmoil and the Iran war to budget cuts, rising yield costs, and the outlook for avoiding recession.
Updated
The reading that day
Weak bullishAt the close of the UTC day.
BearishNeutralBullish
It changed 2 times during the day.
The day on the wire
00:0006:0012:0018:0024:00
The band shows the reading through the day; a mark shows where it changed. Each tick is a headline first seen that day.
The reading through the day
- 00:00Bullish
- 22:20Neutral
- 23:25Weak bullish
Headlines (8)
First seen on October 4
- Chalmers says global economic turmoil will drive budget cuts, but Australia should avoid recessionThe Guardian
- Australia services PMI growth slows to 51.9, job cuts return as price pressures buildInvestingLive
- Australia's Chalmers calls Iran war an economic disaster, says rising yields will cost billionsInvestingLive
- Australian Dollar drifts higher above 0.6950 on soft US jobs dataFXStreet
Carried over from earlier days
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Sunday, October 4 | ||
| Bank Holiday | AUD | |
| Monday, October 5 | ||
| MI Inflation Gauge m/m | AUD | |
| ANZ Job Advertisements m/m | AUD | |
| Final Services PMI | 58.7 | USD |
| ISM Services PMI | 55.1 | USD |
| Westpac Consumer Sentiment | AUD | |
| Tuesday, October 6 | ||
| ANZ Job Advertisements m/m | AUD | |
| ADP Weekly Employment Change | USD | |