Aussie holds above 0.7000 as RBA hike bets offset oil pressure: Oct 23, 2026
The Australian dollar is holding above 0.7000 near its monthly top as increased bets on an RBA hike help offset pressure from higher oil prices and soft jobs and PMI data. Iran-related jitters have also featured in trading, with RBA repricing helping the Aussie outrun the euro.
Updated
This day is still open. Its readings are published once it closes. The live reading is on the AUD/USD page.
Headlines (9)
First seen on October 23
- Cliff Notes: Managing ExpectationsActionForex
- Australian Dollar holds above 0.7000 vs recovering USD; remains close to monthly topFXStreet
Carried over from earlier days
- French Bond Yields Hit 5% as Aussie Outruns Euro on RBA RepricingActionForex
- Australian Dollar defies Iran war jitters as RBA hike bets doubleFXStreet
- Hawkish RBA Helps Aussie Bounce Back from Jobs Slump. Forecast as of 22.10.2026LiteFinance
- AUD/USD Price Forecast: Rising oil prices push antipodeans under pressureFXStreet
- Global Tech Selloff Lifts Yen as French Bond Stress Weighs on EuroActionForex
- Australia flash PMI: private sector shrinks for first time in five months as prices riseInvestingLive
- Australian Dollar losses steam at 0.7000 as PMIs signal a decelerationFXStreet
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Friday, October 23 | ||
| Flash Manufacturing PMI | 55.4 | USD |
| Flash Services PMI | 57.9 | USD |
| Revised UoM Consumer Sentiment | 46.3 | USD |
| Revised UoM Inflation Expectations | USD | |
| Treasury Currency Report | USD | |
| Sunday, October 25 | ||
| RBA Assist Gov Jones Speaks | AUD | |
| Fed Monetary Policy Report | USD | |
| Tuesday, October 27 | ||
| ADP Weekly Employment Change | USD | |