WEEKLY CURRENCY OUTLOOK

• HUGE WEEK for global financial markets in AU & US, as we enter 2026 with chaos!
• AU CPI expected @ 3.7% y/y (prev 3.8%), US emp change +57K & unemp rate @ 4.5%.
• AUDUSD is officially bullish (broke weekly resistance), pivoting between 0.6658 & 0.6726.

• WELCOME BACK TO A BRAND-NEW YEAR – 2026!

• Markets remained vigilant over the holiday period with the AUDUSD remaining around the 67c handle.

• In global news – USA invades Venezuela for several reasons, primarily due to its oil reserves. Keep an eye out for oil prices fluctuating significantly in the near term.

• We have some high-impact data this week on both the AU & US front.

• AU CPI release expected @ 3.7% y/y (prev 3.8%), -ve impact expected on the AUDUSD.

• US employment figures released, emp change expected @ +57K (prev 64K) and unemp rate @ 4.5% (prev 4.6%) – +ve impact on USD, -ve on AUDUSD.

• Anything materially different from these figures will potentially lift the AUDUSD higher!

Economic Calendar: Mon 5th January 2026 – Friday 10th January 2026 (High Impact) (AU/US)
Day Time(AEST) Event Country Forecast Previous
Tues 2:00am ISM Manufacturing PMI US 48.3 48.2
Wed 11:30am CPI m/m AU 0.1% 0.0%
    CPI y/y AU 3.7% 3.8%
Thurs 12:15am ADP Non-Farm Employment Change US 47K -32K
  2:00am ISM Services PMI US 52.3 52.6
    JOLTS Job Openings US 7.65M 7.67M
Fri 12:30am Unemployment Claims US 216K 199K
Sat 12:30am Average Hourly Earnings m/m US 0.3% 0.1%
    Non-Farm Employment Change US 57K 64K
    Unemployment Rate US 4.5% 4.6%
  2:00am Prelim UoM Consumer Sentiment US 53.5 52.9

Source: forexfactory.com

CurrenCWEEKLY CURRENCY OUTLOOK