AUD/USD is trading around 0.6700 on Tuesday at the time of writing, up 0.10% on the day, as markets remain cautious ahead of the release of minutes from the December meeting of the Federal Open Market Committee (FOMC), scheduled for later in the day. The pair is benefiting from moderate support for the Australian Dollar (AUD), driven by expectations that the Reserve Bank of Australia (RBA) could maintain a more restrictive bias for longer than other major central banks.
Tightening expectations surrounding the Australian Reserve Bank support inflation expectations, which remain uncertain. In its latest message, the Reserve Bank of Australia reiterated that it is prepared to tighten monetary policy further if lower inflation loses momentum. Against this backdrop, investors will be closely monitoring the upcoming Consumer Price Index (CPI) data, due in January, ahead of the monetary policy meeting in February.
On the US side, the US Dollar (USD) is trading without a clear direction as investors await the minutes of the Federal Reserve meeting. At the December meeting, the Fed cut interest rates by 25 basis points, bringing the target range to 3.50%-3.75%, while indicating that only one additional rate cut could be made in 2026, after three cuts already implemented in 2025.
Aside from the FOMC minutes, market attention has also begun to shift towards political factors. US President Donald Trump said he will announce Jerome Powell’s successor as Chairman of the Federal Reserve in January, a development that could affect the monetary policy outlook and thus the path of the US dollar in the coming months.
Australian dollar price today
The table below shows the percentage change in the Australian Dollar (AUD) against the major currencies listed today. The Australian dollar was the strongest against the British pound.
| US dollars | euro | GBP | JPY | Canadian | Australian dollar | New Zealand dollar | Swiss franc | |
|---|---|---|---|---|---|---|---|---|
| US dollars | 0.07% | 0.21% | 0.11% | 0.05% | -0.12% | 0.02% | 0.09% | |
| euro | -0.07% | 0.13% | 0.04% | -0.03% | -0.20% | -0.03% | 0.02% | |
| GBP | -0.21% | -0.13% | -0.08% | -0.16% | -0.33% | -0.16% | -0.12% | |
| JPY | -0.11% | -0.04% | 0.08% | -0.07% | -0.23% | -0.09% | 0.02% | |
| Canadian | -0.05% | 0.03% | 0.16% | 0.07% | -0.16% | -0.01% | 0.04% | |
| Australian dollar | 0.12% | 0.20% | 0.33% | 0.23% | 0.16% | 0.17% | 0.21% | |
| New Zealand dollar | -0.02% | 0.03% | 0.16% | 0.09% | 0.00% | -0.17% | 0.04% | |
| Swiss franc | -0.09% | -0.02% | 0.12% | -0.02% | -0.04% | -0.21% | -0.04% |
The heat map shows the percentage changes in major currencies versus each other. The base currency is chosen from the left column, while the counter currency is chosen from the top row. For example, if you select the Australian dollar from the left column and move along the horizontal line to the US dollar, the percentage change displayed in the box will represent AUD (base)/USD (quote).
