Australia’s RBA is expected to cut rates by 25 bps to 3.6% on Tuesday, as inflation cools toward its 2%-3% target. The AUD/USD has rebounded from early August lows, holding above key supports and within a minor ascending channel. Technicals point to a bullish bias toward 0.6540/0.6580, while narrowing AU-US yield spreads may lend further upside support unless 0.6480 key support breaks.
11-08-2025 09:25 GMT
by Kelvin Wong