AUD/USD holds around 0.7200 at the start of the week near its highest since mid-May as RBA September hike bets meet NFP-led USD support and escalating US–Iran tensions.
The AUD/USD pair holds steady around the 0.7200 mark at the start of a new week and remains close to its highest level since mid-May, touched on Friday. That is the Monday 7 September 2026 stamp.
The Australian Dollar continues to be underpinned by rising bets for a Reserve Bank of Australia rate hike in September, bolstered by stronger-than-expected economic growth and persistent domestic inflation on that page. The US Dollar struggles to capitalize fully on upbeat US Nonfarm Payrolls gains as traders wait for US inflation figures later this week — but escalating US–Iran tensions act as a tailwind for the Greenback, capping the upside for AUD/USD.
AUD/USD’s European three-month high near 0.7217 is a separate European session tape — distinct from this Asian AUD note.
Informational only. Not trading advice, signals, or a guarantee of any market outcome.
Written and fact-checked with AI assistance, reviewed by a human editor before publication.
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