AUD/USD extended its rally, hitting 0.6690 on 12 Sep and testing key resistance at 0.6660/0.6680. The Aussie outperformed peers, with the US Dollar Index down 1.67% over 5 days. Softer US labor data and expectations of Fed cuts, alongside firmer China core inflation and rising iron ore futures, support AUD strength. Key near-term levels: support at 0.6620, resistance at 0.6760.
12-09-2025 06:07 GMT
by Kelvin Wong