Fundamental Forecast for the Australian Dollar: Neutral
- Aussie Dollar Volatility Risk Skewed to the Upside on RBA Rate Decision
- US Jobs Data May Sink Aussie if Upbeat Reading Boosts Fed Liftoff Bets
- Find Critical Turning Points for the Australian Dollar with DailyFX SSI
The Australian Dollar edged lower for a third consecutive week against its US counterpart as a disappointing third-quarter CPI reading revived interest rate cut speculation while a hawkish FOMC statement amplified policy divergence headwinds by reviving talk of Fed tightening in December. Both themes will be on full display in the week ahead as the RBA issues its rate decision and top-tier US economic data comes across the wires.