AUD/USD rallies further around 0.6600 as RBA seems done with rate cuts
The post AUD/USD rallies further around 0.6600 as RBA seems done with rate cuts appeared on BitcoinEthereumNews.com.
The AUD/USD pair extends its winning streak for the tenth trading day on Thursday. The Aussie pair revisits an almost eight-month high around 0.6620 as the Australian Dollar (AUD) outperforms broadly amid expectations that the Reserve Bank of Australia (RBA) is done with reducing interest rates, and might actually go for tightening monetary conditions if inflation proves to be sticky. Australian Dollar Price Last 7 Days The table below shows the percentage change of Australian Dollar (AUD) against listed major currencies last 7 days. Australian Dollar was the strongest against the US Dollar. USD EUR GBP JPY CAD AUD NZD CHF USD -0.71% -0.92% -1.21% -0.51% -1.42% -1.33% -0.58% EUR 0.71% -0.21% -0.51% 0.21% -0.69% -0.61% 0.14% GBP 0.92% 0.21% -0.31% 0.42% -0.50% -0.41% 0.35% JPY 1.21% 0.51% 0.31% 0.69% -0.23% -0.17% 0.62% CAD 0.51% -0.21% -0.42% -0.69% -0.90% -0.82% -0.07% AUD 1.42% 0.69% 0.50% 0.23% 0.90% 0.09% 0.81% NZD 1.33% 0.61% 0.41% 0.17% 0.82% -0.09% 0.76% CHF 0.58% -0.14% -0.35% -0.62% 0.07% -0.81% -0.76% The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Australian Dollar from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent AUD (base)/USD (quote). Investors responded by ramping up the risk that the next move in interest rates will actually be upward, with an increase as soon as May now priced at 50%, Reuters reported. Traders have raised RBA hawkish bets following the release of the monthly household spending data for October. Earlier in the day, the Australian Bureau of Statistics reported that monthly household spending indicator jumped 1.3%, faster than 0.3% growth seen…
Filed under: News - @ December 4, 2025 12:27 pm