AUD/USD trades about 0.13% higher near 0.7217 in European trade Monday — the highest in over three months — as RBA September hike bets firm after Q2 GDP.
AUD/USD trades about 0.13% higher near 0.7217 in the European session on Monday — the highest level in over three months.
Markets lean toward an RBA hike later this month after stronger-than-expected Q2 GDP — 0.4% quarter on quarter and 2.1% year on year — with Rabobank on this page saying the print “likely nails an RBA rate hike this month.” Focus turns to RBA Deputy Governor Andrew Hauser’s ABC interview on Tuesday evening. Commonwealth Bank strategists say the Aussie could stay near 72 cents for most of the week, especially if Hunter sounds hawkish — that is the wording on this page.
AUD/USD’s Tuesday Asia halt near 0.7210 after China trade and Westpac is a separate Asian-session tape — distinct from Monday’s European three-month high near 0.7217.
Informational only. Not trading advice, signals, or a guarantee of any market outcome.
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