WEEKLY CURRENCY OUTLOOK

• AU Wage Price Index & US Non-Farm Payroll – the key headliners this week.
• AU WPI @ 0.8% q/q & Job change/unemployment rate to watch – TBA.
• AUDUSD still in consolidation (bullish bias), pivoting between 0.6488 & 0.6579.

• AUDUSD is still hovering around 65c.

• US GOVT BACK IN ACTION after Democrats agreed to move forward with the republicans.

• AUD market subdued this week, with the only high-impact event being the WPI figures, which are unlikely to move the needle. Expected @ 0.8% q/q.

• The US has labour figures out this week, but given that the government is back in action, the numbers are yet to be released. KEEP AN EYE ON THE FX CALENDAR!

• Starting to see a major shift in USD with tariffs back in question.

• With political uncertainty clouding the global markets, importers & exporters are still looking towards hedging their FX risk, as we head into the busy Xmas period.

• WATCH THIS WEEK!

Economic Calendar: Mon 17th November 2025 – Friday 21st November 2025 (High Impact) (AU/US)
Day Time(AEST) Event Country Forecast Previous
Wed 11:30am Wage Price Index q/q AU 0.8% 0.8%
Thurs 6:00am FOMC Meeting Minutes US N/A N/A
Fri 12:30am Average Hourly Earnings m/m US TBA 0.3%
    Non-Farm Employment Change US TBA 22K
    Unemployment Rate US TBA 4.3%
    Unemployment Claims US TBA TBA
Sat 1:45am Flash Manufacturing PMI US TBA 52.5
    Flash Services PMI US TBA 54.8

Source: forexfactory.com

CurrenCWEEKLY CURRENCY OUTLOOK