• Quiet week this week with AU CPI the key headliner!
• AU CPI expected @ 2.3% y/y (prev 1.9%) – still within the 2-3% target range.
• AUDUSD to continue consolidating (ranging), most likely pivoting between 0.6428 – 0.6538.
• AUDUSD found some relief on Friday after the FED suggested another rate cut in September!
• Quiet week this week in markets with AU CPI the key headliner!
• AUDUSD ranging between 64.2c and 65.4c this week.
• AU CPI expected @ 2.3% y/y vs 1.9% prev. Major uptick in CPI, generally +ve for AUDUSD.
• US Core PCE index expected @ 0.3% m/m vs 0.3% (prev).
• USD will continue to take cues from global markets with minor high-impact events this week.
• Expecting AUDUSD to hit closer to 65c this week.
• Watch out for any surprise AU CPI reading!
Economic Calendar: Mon 25th Aug 2025 – Friday 29th August 2025 (High Impact) (AU/US) | |||||
Day | Time(AEST) | Event | Country | Forecast | Previous |
Wed | 11:30am | CPI y/y | AU | 2.3% | 1.9% |
Thur | 10:30pm | Prelim GDP q/q | US | 3.1% | 3.0% |
10:30pm | Unemployment Claims | US | 231K | 235K | |
Fri | 10:30pm | Core PCE Price Index m/m | US | 0.3% | 0.3% |
Source: forexfactory.com