• FOMC & AU Employment are the key headliners this week.
• Fed expecting a cut to 4.25%, AU employment change +21.2K and unemp rate 4.2% (same).
• AUDUSD to continue consolidating (bullish bias), most likely pivoting between 0.6571 – 0.6695.
• AUDUSD has been in favour of importers for the last 2 weeks, with the price hitting 66c on average.
• President Trump has pushed for NATO to apply tariffs of 50-100% on imports from China/India, to discourage their efforts to buy Russian oil for a much cheaper price.
• We have 2 key headliners this week, the FOMC fed funds rate & the AU employment.
• Fed funds rate expected to drop by 0.25% to 4.25%, markets have priced in a likely chance. As markets have already priced in, no rate cut will cause a sudden spike in the AUDUSD.
• AU employment change of +21.2K (prev 24.5K) and unemployment rate same of 4.2%. This could give a little boost to the AUD, potentially reaching 67c.
• Will we see sufficient stimulus to reach 67c?
Economic Calendar: Mon 15th Sept 2025 – Friday 12th Sept 2025 (High Impact) (AU/US) | |||||
Day | Time(AEST) | Event | Country | Forecast | Previous |
Tues | 10:30pm | Core Retail Sales m/m | US | 0.4% | 0.3% |
Retail Sales m/m | US | 0.2% | 0.5% | ||
Thur | 4:00am | Federal Funds Rate / FOMC Statement | US | 4.25% | 4.50% |
4:30am | FOMC Press Conference | US | N/A | N/A | |
11:30am | Employment Change | AU | 21.2K | 24.5K | |
Unemployment Rate | AU | 4.2% | 4.2% | ||
10:30pm | Unemployment Claims | US | 245K | 263K |
Source: forexfactory.com