WEEKLY CURRENCY OUTLOOK

• AU RBA cash rate & US Labour numbers the key headliners this week.
• RBA expected to keep rates same @ 3.60% & US NFP expected +51K change & 4.3% unemp rate.
• AUDUSD to continue consolidating (bullish bias), most likely pivoting between 0.6500 – 0.6608.

• Critical week in markets this week!

• AU is expecting the RBA to announce no change in the cash rate @ 3.60%, which is widely expected in the markets, especially after last week’s increase in CPI.

• US labour (NFP) is expecting a +ve employment change of 51K but the unemployment rate to remain the same @ 4.3%.

• Any deviation from these figures will most likely cause a spike in price, so be aware!

• We’re still expecting AUD to hover between 65-66c this week, unless news pushes it above 66c or below 65c.

• We’re also noticing reduced flows into the USD, which is creating weakness in the USD This could support the AUD potentially reaching 67c or close to it!

• Get ready for action, importers!

Economic Calendar: Mon 22nd Sept 2025 – Friday 12th Sept 2025 (High Impact) (AU/US)
Day Time(AEST) Event Country Forecast Previous
Tues 2:30pm Cash Rate / RBA Rate Statement AU 3.60% 3.60%
    RBA Press Conference AU N/A N/A
Wed 12:00am JOLTS Job Openings US 7.15M 7.18M
  10:15pm ADP Non-Farm Employment Change US 53K 54K
Thur 12:00am ISM Manufacturing PMI US 49.1 48.7
  10:30pm Unemployment Claims US 229K 218K
Fri 10:30pm Average Hourly Earnings m/m US 0.3% 0.3%
    Non-Farm Employment Change US 51K 22K
    Unemployment Rate US 4.3% 4.3%
Sat 12:00am ISM Services PMI US 52.0 52.0

Source: forexfactory.com

CurrenCWEEKLY CURRENCY OUTLOOK