Weekly FX Update 30 March 2026 What’s Driving Markets This Week Oil still calling the shots — staying near recent highs (and unfortunately not getting any cheaper at the pump) US dollar holding strong — supported by steady data and inflation concerns Markets cautious but calm-ish — no panic, but everyone’s watching the
What’s Driving Markets This Week Oil prices are still high due to tensions in the Middle East • US dollar remains strong, supported by steady economic data • Markets are a bit uncertain, reacting quickly to news What’s Happening Global markets are still being influenced by rising oil prices and geopolitical tensions. Higher energy costs
Summary (Headlines) HUGE week in markets for AU & US with rate calls & AU employment. RBA expected to increase to 4.10% (+0.25%), US Fed rate to remain same @ 3.75%. AUDUSD still in bearish consolidation, pivoting between 0.6895 & 0.7126. • AUD BACK ABOVE 70c! • We have a high impact week this
“WW3 continues”, Oil shoots up to $100 per barrel. • US CPI is the key headliner this week with a 2.5% y/y reading (prev. 2.4%). • AUDUSD still in bearish consolidation, pivoting between 0.7031 & 0.7117. • “WW3” CONTINUES, OIL SHOOTS UP! • AUD drops below 70c! • What a huge week in the markets
• WW3 has begun!? Expect huge movements in global markets, especially oil & USD. • AU GDP & Bullock speech with US Retail Sales & Employment figures being released. • AUDUSD still in consolidation/ranging phase, pivoting between 0.7091 & 0.7157. • WW3 HAS BEGUN!? • With news coming out of the Middle East of the
• Relatively quiet week in markets with AU CPI headlining this week. • AU CPI expected @ 3.7% y/y (prev 3.8%) – overall -ve for AUD. • AUDUSD still in consolidation/ranging phase, pivoting between 0.7033 & 0.7115. • AUDUSD HITS 71c! YOU READ THAT RIGHT! • AUDUSD briefly hit 71c earlier this morning before going
• AU employment and the US Core PCE Index are the key headliners this week. • AU Emp change +20.1K (prev +65.2K), unemp rate 4.2% (prev 4.1%). • AUDUSD is still expected to be a little bullish this week, pivoting between 0.6995 & 0.7144. • AUDUSD STILL ABOVE 70c! • This week we have the
• US-dominated week with no major AU market data released this week. • US labour with emp change +70K, unemp rate @ 4.4% & US CPI @ 2.5% y/y (prev 2.7%) • AUDUSD is still expected to be a little bullish this week, pivoting between 0.6925 & 0.7079. • AUD BACK UP AT 70c! •
• HUGE week in markets with AU RBA rate & US employment headlining this week! • AU RBA expected up @ 3.85% (prev 3.6%), US emp chg +67K & unemp rate @ 4.4% (same). • AUDUSD is still expected to be a little bullish this week, pivoting between 0.6875& 0.7068. • The last 2 weeks
• Fairly subdued week in markets with AU employment & US Core PCE Index headlining. • AU Emp change @ 26.5K (prev -21.3K), unemp rate @ 4.4% (prev 4.3%). • AUDUSD is still expected to be bullish this week, pivoting between 0.6657& 0.6717. • AUDUSD had a relatively choppy week, mostly in consolidation due to