Aussie holds above 0.6950 as Fed hike bets fade, China data eyed: Oct 20, 2026
The Australian dollar is holding gains above 0.6950 and trading near highs against the US dollar. The moves follow fading bets on further Fed hikes and pressure on the US dollar from US tech jitters, alongside stronger China data while the PBoC left rates steady. Comments from RBA's Kent that neutral rates are increasing domestically and globally are also in focus.
Updated
This day is still open. Its readings are published once it closes. The live reading is on the AUD/USD page.
Headlines (11)
First seen on October 20
- Australian Dollar holds losses on unchanged PBOC ratesFXStreet
- Australian Dollar holds onto gains against US Dollar, PBoC leaves rates steadyFXStreet
- Australian Dollar firms as US tech jitters undermine US DollarFXStreet
Carried over from earlier days
- RBA's Kent: Reasonable indication neutral rates are increasing domestically and globallyFXStreet
- 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
- Australian Dollar Visibly Stirred, But Not ShakenActionForex
- Australian Dollar sticks to hawkish RBA and upbeat China GDP-inspired gains vs weak YenFXStreet
- Australian Dollar: Aussie holds near highs against US Dollar - BBHFXStreet
- AUD and CAD Outperform on Separate Catalysts as French Yields Eyeing 5%ActionForex
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Tuesday, October 20 | ||
| ADP Weekly Employment Change | USD | |
| Housing Starts | 1.30M | USD |
| Building Permits | 1.39M | USD |
| Pending Home Sales m/m | -0.6% | USD |
| API Weekly Statistical Bulletin | USD | |
| RBA Deputy Gov Hauser Speaks | AUD | |
| FOMC Financial Stability Report | USD | |
| Wednesday, October 21 | ||
| Crude Oil Inventories | -0.1M | USD |