AUD

What happens to the Australian dollar if the RBA doesn't cut today?

• No cut means it goes up 1 pussent.

Australian weekly consumer confidence survey fell to 85.1 (prior 86.7)

• ANZ-Roy Morgan Australian Consumer Confidence index - weekly survey - hits a new low for 2025

What technical levels are in play for the AUDUSD through the RBA rate cut in the new day?

• The Reserve Bank of Australia is poised to cut rates for the first time in over four years

AUDUSD Technical Analysis – A look at the chart ahead of the RBA’s decision

• The AUDUSD pair is trading above a key resistance zone ahead of the RBA’s decision. What’s next?

Market Outlook for the Week of 17th-21st February

• The highlights of the week include inflation data for U.K. and Canada, along with RBA and RBNZ monetary policy announcements

Nomura expect a hawkish rate cut from the Reserve Bank of Australia this week

• RBA statement is due on Tuesday, February 18, 2025

Newsquawk Week Ahead: RBA, RBNZ, FOMC Minutes, PMIs, Canada, UK and Japan inflation

• Next week, highlights include rate decisions from the RBA and RBNZ with minutes due from the January FOMC. PMI data will also be in focus, as will inflation data from Canada, UK and Japan.

AUDUSD Technical Analysis – We are testing a key resistance

• The AUDUSD pair is testing a key resistance zone as the greenback loses the support from tariffs fears. What’s next?

PBOC is expected to set the USD/CNY reference rate at 7.2739 – Reuters estimate

• PBOC CNY reference rate setting for the trading session ahead.

Reserve Bank of Australia expected to cut its cash rate by 25bp on February 18

• Median forecasts project an additional 75 bps of cuts this year

AUDUSD pushes - breaks through - the upper limit

Australian Inflation Expectations survey for February 2025 4.6% (prior was 4.0%)

• Melbourne Institute Survey of Consumer Inflation Expectations in Australia

AUDUSD Technical Analysis – Awaiting the US inflation report

• The AUDUSD pair continues to range near the 2020 lows as the market awaits a catalyst to push into either direction. What’s next?

Australian Q4 New home lending +1.4% q/q

• Not moving the AUD

Trump trade adviser: Australia 'killing aluminium market' - blow to tariff exemption hope

• Trump's trade adviser Navarro says volume of US imports of primary aluminium from Australia has surged