AUD/USD: RBA hawkish stance supports gains – Rabobank

Rabobank’s Senior FX Strategist Jane Foley highlights that the Australian Dollar (AUD) is the best performing G10 currency year-to-date, supported by expectations of further Reserve Bank of Australia tightening. Rabobank’s Senior FX Strategist Jane Foley highlights that the Australian Dollar (AUD) is the best performing G10 currency year-to-date, supported by expectations of further Reserve Bank of Australia tightening.… Rabobank’s Senior FX Strategist Jane Foley highlights that the Australian Dollar (AUD) is the best performing G10 currency year-to-date, supported by expectations of further Reserve Bank of Australia tightening. Rabobank’s Senior FX Strategist Jane Foley highlights that the Australian Dollar (AUD) is the best performing G10 currency year-to-date, supported by expectations of further Reserve Bank of Australia tightening. The bank notes firm Australian labour data and a relatively hawkish Reserve Bank of Australia (RBA) stance. Rabobank’s central view is for AUD/USD to trade higher towards the 0.72 region by year-end, with further downside expected in EUR/AUD.RBA expectations underpin Australian… For traders, the practical value is less about the headline alone and more about how it changes context, sentiment and the quality of the next decision. Watch follow-through, not just the first reaction: liquidity, volatility and confirmation across related assets usually tell the real story.