AUDUSD on the verge of a breakout: Australia is ready to raise interest rates
Ahead of the NFP release, volatility in the AUDUSD pair has fallen noticeably, with quotes testing the 0.6900 mark. Find more details in our analysis for 3 April 2026.
AUDUSD forecast: key takeaways
Westpac expects three rate hikes in 2026
US Nonfarm Payrolls: previously at -92 thousand, projected at 65 thousand
The Australian dollar received unexpected support from China
Fundamental analysis
Today’s AUDUSD forecast takes into account that the Australian dollar is showing remarkable resilience, balancing on a knife edge between strong domestic support and an external geopolitical storm. The AUDUSD pair is trading around 0.6900, attempting to build on its upward momentum after the recent decline.
The domestic driver for the AUD today is not just hawkish signals, but a real consensus on the inevitability of further policy tightening by the Reserve Bank of Australia.
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