- The Australian dollar maintains its position after the PBOC left its LPR unchanged at one and five years at 3.10% and 3.60%, respectively.
- The audience advanced as the US dollar weakened, weighed by the increase in concerns on the economic impact of new US tariffs.
- Commercial tensions intensified even more after the White House imposed tariffs on Chinese ships that dock in US ports.
The Australian dollar (aud) recovers its previous session losses against the US dollar (USD) on Monday. The Aud/USD pair remained firm after the decision of the Popular Bank of China (PBOC) to keep its preferential loan rates unchanged, maintaining the rate at one year at 3.10% and the five -year rate at 3.60%.
The Aud/USD won support as the USD weakened in the midst of growing concerns about the economic repercussions of US tariffs. The Aud was also promoted after US President Donald Trump announced exemptions for key technological products, many of which are manufactured in China, the main commercial partner of Australia and an important consumer of its exports of raw materials, of the proposed “reciprocal” tariffs.
However, tensions remained since the White House imposed tariffs on Chinese ships that dochet in US ports, risking the interruption of global shipping routes. However, on Thursday afternoon, Trump said China had made several proposals and declared: “I don’t want to increase tariffs to China. If tariffs to China increase, people will not buy.” He also expressed optimism that a commercial agreement could be reached in three to four weeks.
The Australian dollar can be seen while the US dollar fights in the midst of the fall in 2 -year treasure bond yield
- The American dollar index (DXY), which measures the USD compared to a basket of six main currencies, fell more than 0.50%, quoting around 98.50, its lowest level since April 2022, at the time of writing. The dollar faces winds against 2 years of US treasure bonds has depreciated in more than 1%, standing at 3.75%.
- The president of the Federal Reserve (FED), Jerome Powell, warned that a slow economy combined with persistent inflation could challenge the objectives of the Fed and increase the risk of stagflation. In political developments, Thursday reports suggested the frustration of President Trump with the president of the FED, Powell, even considering his dismissal. Although the markets showed little immediate reaction, the Economic Advisor of the White House, Kevin Hassett, confirmed that Trump is exploring the possibility.
- The US Department of Labor reported on Thursday that the initial applications for unemployment subsidy fell to 215,000 for the week that ended on April 12, below expectations and decreasing from the revised figure of the previous week of 224,000 (originally 223,000). However, continued applications for unemployment subsidy increased by 41,000 to 1,885 million for the week ending on April 5.
- The US consumer price index (ICC) was reduced to 2.4% year -on -year in March, lowering 2.8% in February and below the market forecast of 2.6%. The underlying ICC, which excludes food and energy prices, increased 2.8% annually, compared to the previous 3.1% and below the 3.0% estimate. In monthly terms, the CPI general fell 0.1%, while the underlying ICC rose 0.1%.
- Australia’s unemployment rate rose to 4.1% in March, slightly below the 4.2% market forecast. Meanwhile, the change in employment was 32.2K, in front of the 40K consensus forecast.
- The six -month annualized growth rate of the leader of Westpac of Australia, which predicts the economic impulse in relation to the trend during the next three to nine months, was reduced to 0.6% in March from 0.9% in February.
- The minutes of the Bank of the Australian Reserve Bank (RBA) from March 31 to April 1 indicated continuous uncertainty about the time of the next adjustment of interest rates. Although the Board considered that the May meeting was an adequate point to review monetary policy, it emphasized that no decisions had been made in advance. The Board also pointed out both risks up and down that faces the economy of Australia and the trajectory of inflation.
- China’s economy grew at an annual rate of 5.4% in the first quarter of 2025, matching the pace observed in the fourth quarter of 2024 and exceeding 5.1% market expectations. In quarterly terms, GDP increased 1.2% in the first quarter, after a 1.6% increase in the previous quarter, being below the predicted gain of 1.4%.
- Meanwhile, China’s retail sales shot 5.9% year -on -year, exceeding 4.2% expectations and increasing from 4% in February. Industrial production also exceeded expectations, increasing 7.7% compared to the 5.6% and 5.9% prognosis.
The Australian dollar is maintained below the level of 0.6400 despite a persistent upward trend
The Aud/USD is negotiating about 0.6390 on Monday, with technical indicators in the daily chart that suggest a bullish perspective. The torque is maintained above the nine -day exponential (EMA) mobile average, while the 14 -day relative force (RSI) index remains above 50’s neutral level, both pointing to a sustained bullish impulse.
On the positive side, the immediate resistance is observed at the psychological level of 0.6400, followed by the maximum of four months of 0.6408, last tested on February 21. A decisive rupture above this area could pave the way for a movement towards a maximum of five months at 0.6515.
The initial support is found in the nine -day EMA around 0.6325, with greater protection down close to the 50 -day EMA in 0.6286. A rupture below these levels could undermine the short -term bullish bias and expose to the aud/USD torque to deeper losses towards the area of 0.5914, its lowest level since March 2020.
AUD/USD: Daily graphic
Australian dollar Price today
The lower table shows the percentage of change of the Australian dollar (AUD) compared to the main currencies today. Australian dollar was the strongest currency against the US dollar.
| USD | EUR | GBP | JPY | CAD | Aud | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | -1.06% | -0.64% | -0.97% | -0.39% | -0.64% | -1.20% | -1.04% | |
| EUR | 1.06% | 0.27% | 0.06% | 0.64% | 0.23% | -0.17% | 0.00% | |
| GBP | 0.64% | -0.27% | -0.04% | 0.38% | -0.03% | -0.44% | -0.26% | |
| JPY | 0.97% | -0.06% | 0.04% | 0.59% | 0.21% | -0.11% | -0.03% | |
| CAD | 0.39% | -0.64% | -0.38% | -0.59% | -0.38% | -0.82% | -0.64% | |
| Aud | 0.64% | -0.23% | 0.03% | -0.21% | 0.38% | -0.39% | -0.23% | |
| NZD | 1.20% | 0.17% | 0.44% | 0.11% | 0.82% | 0.39% | 0.20% | |
| CHF | 1.04% | -0.00% | 0.26% | 0.03% | 0.64% | 0.23% | -0.20% |
The heat map shows the percentage changes of the main currencies. The base currency is selected from the left column, while the contribution currency is selected in the upper row. For example, if you choose the Australian dollar of the left column and move along the horizontal line to the US dollar, the percentage change shown in the box will represent the Aud (base)/USD (quotation).
Faqs Australian dollar
One of the most important factors for the Australian dollar (Aud) is the level of interest rates set by the Australian Reserve Bank (RBA). Since Australia is a country rich in resources, another key factor is the price of its greatest export, iron mineral. The health of the Chinese economy, its largest trading partner, is a factor, as well as inflation in Australia, its growth rate and commercial balance. The feeling of the market, that is, if investors are committed to more risky assets (Risk-on) or seek safe shelters (Risk-Off), it is also a factor, being the positive risk-on for the AUD.
The Australian Reserve Bank (RBA) influences the Australian dollar (AUD) by setting the level of interest rates that Australian banks can lend to each other. This influences the level of the interest rates of the economy as a whole. The main objective of the RBA is to maintain a stable inflation rate of 2% -3% by adjusting the interest rates or the low. Relatively high interest rates compared to other large central banks support the AU, and the opposite for the relatively low. The RBA can also use relaxation and quantitative hardening to influence credit conditions, being the first refusal for the AU and the second positive for the AUD.
China is Australia’s largest commercial partner, so the health of the Chinese economy greatly influences the value of the Australian dollar (Aud). When the Chinese economy goes well, it buys more raw materials, goods and services in Australia, which increases the demand of the AU and makes its value upload. The opposite occurs when the Chinese economy does not grow as fast as expected. Therefore, positive or negative surprises in Chinese growth data usually have a direct impact on the Australian dollar.
Iron mineral is the largest export in Australia, with 118,000 million dollars a year according to data from 2021, China being its main destination. The price of iron ore, therefore, can be a driver of the Australian dollar. Usually, if the price of iron ore rises, the Aud also does, since the aggregate demand of the currency increases. The opposite occurs when the price of low iron ore. The highest prices of the iron mineral also tend to lead to a greater probability of a positive commercial balance for Australia, which is also positive for the AUD.
The commercial balance, which is the difference between what a country earns with its exports and what it pays for its imports, is another factor that can influence the value of the Australian dollar. If Australia produces highly requested exports, its currency will gain value exclusively for the excess demand created by foreign buyers who wish to acquire their exports to what you spend on buying imports. Therefore, a positive net trade balance strengthens the AUD, with the opposite effect if the commercial balance is negative.
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
