WEEKLY CURRENCY OUTLOOK

  • AU CPI & US FOMC rate decision are the key headliners this week.
  • AU CPI expected @ 3.1% (prev 3.0%) & US FOMC expected @ 4.00% (prev 4.25%).

AUDUSD still in consolidation (bullish bias), pivoting between 0.6480 & 0.6537.

• Heavy week in markets for both AU & US.

• AUDUSD back above the 65c mark – looking good again for importers!

• AU CPI release on Wednesday, expected @ 3.1% y/y (prev 3.0%), this is generally +ve for the AUDUSD, but -ve for interest rate cuts.

• We also have the Fed rate decision on Thursday, with the FOMC expected to cut to 4.00% from 4.25% (-0.25%). This is -ve for the USD, so could see a strong rally for AUD.

• The US also has the Core PCE Index and GDP releases, which could add to the movement, albeit with no material impact.

• AUD still on consolidation but with bullish bias, so potentially more room to the upside!

• COULD BE A BUMPER WEEK SO WATCH THIS SPACE!

Economic Calendar: Mon 27th October 2025 – Friday 31st October 2025 (High Impact) (AU/US)
Day Time(AEST) Event Country Forecast Previous
Mon 7:15pm RBA Gov Bullock Speaks AU N/A N/A
Wed 11:30am CPI q/q AU 1.1% 0.7%
    CPI y/y AU 3.1% 3.0%
Thur 5:00am Federal Funds Rate / FOMC Statement US 4.00% 4.25%
    FOMC Press Conference US N/A N/A
Fri Tentative Advance GDP q/q US 3.0% 3.8%
    Core PCE Price Index m/m US 0.2% 0.2%
    Employment Cost Index q/q US 0.9% 0.9%

Source: forexfactory.com

CurrenCWEEKLY CURRENCY OUTLOOK