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RBA holds cash rate at 4.35% in hawkish pause, warning inflation persists and further hikes remain possible.
RBA held cash rate at 4.35%, staying restrictive and data-dependent; AUD supported, volatility likely easing ahead.
China’s data mixed: retail sales and investment fell, pressuring AUD/USD; industrial output beat, but downside bias remains.
China’s May data mixed: retail sales missed, investment weakened, production beat; AUD/USD dipped amid slowdown.
AUDUSD analysis: Aussie dollar weakens after the RBA holds rates at 4.35% but keeps another hike on the table.
China’s May retail sales fell 0.6%, signalling weak consumer demand, pressuring equities, commodities, and AUD-linked exposures.
China’s May industrial output rose 4.5%, beating forecasts, supporting commodities, AUD, while consumer demand lags.
Australian dollar climbs as US-Iran deal eases oil fears; focus shifts to Fed, RBA decisions ahead.
AUD/USD climbed to 0.7078 on softer dollar, risk-on Iran deal, but RBA decision caps gains.
AUD/USD holds near 0.7070 after peace-deal boost; traders eye RBA, Fed, key resistance/support levels.
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