AUD

Morgan Stanley expect a final rate hike from the Reserve Bank of Australia in November

Australia June exports -2% m/m (prior +4%) & Imports -4% m/m (prior +2%)

Australian Q2 Retail Sales -0.5% q/q (prior -0.8%)

Westpac says Reserve Bank of Australia now on hold until first rate cut in September 2024

The latest statement from the Reserve Bank of Australia is due on Friday

• Statement on Monetary Policy (SoMP)

Australian July Services PMI falls to 47.9 (prior 50.3)

The AUDUSD trades to the lowest level since June 1. Breaks below swing area on daily chart

• AUDUSD traders watching 0.65468 as close risk up to 0.6566

AUDUSD Technical Analysis - The bears are looking to sell the rally

• The AUDUSD eventually reached the 0.6563 support. What’s next?

AUD/USD at lowest in two months as sellers look to retest lows for the year

• The pair is down another 0.5% to 0.6570 levels at the moment

National Australia Bank expect one more Reserve Bank of Australia rate hike

Australian Industry index, manufacturing PMI, construction PMI - all into deep contraction

AUDUSD breaks lower and now tests key lows from June/July

• The RBA kept rates unchanged sending the AUDUSD down sharply today

The USD is the strongest and the AUD is the weakest as the NA session begins

• The RBA keeps rates unchanged at their meeting today

Aussie falls as RBA opts for an extended pause

• AUD/USD is now down 0.9% to 0.6660 on the day

What levels to watch for in AUD/USD ahead of the RBA?

• The pair is down 0.4% today to below 0.6700 again