WEEKLY CURRENCY OUTLOOK

• 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

CurrenCWEEKLY CURRENCY OUTLOOK