Commonwealth Bank Australian dollar (AUD) Transfers Compared

AUD/USD sits above its 90-day avg in the upper 3-month range; bias bullish-to-range-bound. RBA hikes risk vs Fed easing; China demand wobbly weighs on commodities. AU CPI and employment data due, may steer near-term moves. Bias bullish-to-range-bound; AUD/USD sits above its 90-day average and in the upper half of the 3-month range. Key drivers - Rate gap: The RBA is signaling potential hikes in 2026 while the Fed is expected to ease toward neutral policy, supporting AUD. - China demand: China's uneven rebound dampens demand for Australian exports, weighing on commodity-linked AUD. - AU data: Upcoming CPI and employment figures in Australia could steer near-term moves. Range Likely to drift within the 3-month range, with a tilt toward the upper end if risk appetite improves. What could change it - Upside risk: stronger-than-expected Australian inflation data or hawkish guidance from the RBA. - Downside risk: softer Chinese demand for commodities or a stronger US dollar