Aussie holds above 0.6950 as China data beats estimates: Oct 19, 2026
The Australian dollar held gains above 0.6950 as bets on further Fed rate hikes faded ahead of Chinese data. China GDP, industrial output and retail sales all beat forecasts and the currency remained stronger following the releases, while RBA official Kent discussed neutral rates and a faster-than-expected cooling in the labour market.
Updated
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The day on the wire
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Headlines (11)
First seen on October 19
- Australian Dollar holds gains above 0.6950 as Fed hike bets fade, Chinese data loomFXStreet
- Australian Dollar remains stronger following stronger China dataFXStreet
- RBA’s Kent Questions Rate Restrictiveness as Labor Market Cools Faster Than ExpectedActionForex
- China industrial output, retail sales beat forecasts in SeptemberInvesting.com
- AUD/JPY Price Forecast: Retakes 110.00 on upbeat China GDP; upside seems limitedFXStreet
- Bitcoin, Korea’s Kospi and Nasdaq futures rally as China GDP beats estimatesCoinDesk
- investingLive Asia-Pacific market news: China beats, the euro wobbles and oil dipsInvestingLive
- Australian Dollar Visibly Stirred, But Not ShakenActionForex
Carried over from earlier days
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Monday, October 19 | ||
| NAHB Housing Market Index | 31 | USD |
| Tuesday, October 20 | ||
| ADP Weekly Employment Change | USD | |
| Housing Starts | 1.30M | USD |
| Building Permits | 1.39M | USD |
| Pending Home Sales m/m | -0.4% | USD |
| API Weekly Statistical Bulletin | USD | |
| RBA Deputy Gov Hauser Speaks | AUD | |
| FOMC Financial Stability Report | USD | |