Aussie holds above 0.7000 on RBA hike expectations ahead of Fed: Oct 24, 2026
The Australian dollar has been supported by expectations for a hawkish Reserve Bank of Australia ahead of a Federal Reserve decision, helping it recover from weak jobs data and hold above 0.7000 near a monthly top. At the same time, rising oil prices, weak PMI data pointing to deceleration, and a recovering US dollar have kept pressure on the pair, with focus on upcoming US flash PMI data.
Updated
This day is still open. Its readings are published once it closes. The live reading is on the AUD/USD page.
Headlines (8)
Carried over from earlier days
- 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
- Australian Dollar losses steam at 0.7000 as PMIs signal a decelerationFXStreet
- Cliff Notes: Managing ExpectationsActionForex
- Australian Dollar holds above 0.7000 vs recovering USD; remains close to monthly topFXStreet
- Australian Dollar holds steady amid RBNZ rate hike bets, weak PMI dataFXStreet
- Australian Dollar edges up against US Dollar ahead of US flash PMI dataFXStreet
- Australian Dollar extends gains on RBA rate hike expectations ahead of Fed decisionFXStreet
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Sunday, October 25 | ||
| RBA Assist Gov Jones Speaks | AUD | |
| Fed Monetary Policy Report | USD | |
| Tuesday, October 27 | ||
| ADP Weekly Employment Change | USD | |
| Durable Goods Orders m/m | 1.8% | USD |
| Core Durable Goods Orders m/m | 0.6% | USD |
| HPI m/m | 0.1% | USD |
| S&P/CS Composite-20 HPI y/y | 2.7% | USD |
| Richmond Manufacturing Index | 1 | USD |