Australian Dollar: RBA limits gains against US Dollar - Societe Generale

FXStreet3 November 2026, 08:50 UTCAustralia

Societe Generale’s Kenneth Broux and colleagues say AUD/USD is trading below 0.70 after a dovish RBA hike and softer industrial metals. The pair remains largely driven by industrial metals rather than RBA/Fed spreads, with the 200-day moving average near 0.7050/0.7080 seen as a key resistance.

Read the full story at FXStreet Open in the live monitor

Related discussion groups

No group discusses this yet. Start a discussion group and attach this story.

More news about Australia

ADNOC’s XRG to acquire Shell’s Australian LNG plant stake for $1.45BSeeking Alpha Tech3 November 2026, 09:37 UTCAustralia
Australian Court Hears Challenge to Social Media BanNew York Times3 November 2026, 09:24 UTCAustraliaReddit and an Australian digital advocacy group are claiming a law that restricts children younger than 16 from popular platforms infringes on their constitutional rights.
Australia seeks to change visa deal with UK after influx of BritonsGuardian World3 November 2026, 08:36 UTCAustraliaGovernment leadersAustralia says easing of rules has led to surge in British visitor numbers, putting pressure on local workforceThe Australian prime minister, Anthony Albanese, has told Andy Burnham he is looking a...
Major Queensland hospital to close pathology labs amid potential formaldehyde exposure investigationGuardian World3 November 2026, 08:11 UTCAustraliaAbout 400 staff affected by closure at both Mater’s Brisbane and Springfield hospitals, with financial sustainability of pathology business a factorGet our breaking news email, free app or daily ne...
Australian Dollar: RBA pause may weigh on AUD into year-end - TD SecuritiesFXStreet3 November 2026, 07:51 UTCAustraliaTD Securities’ Prashant Newnaha sees the Reserve Bank of Australia's (RBA) 25bp hike to 4.85%, its highest rate since 2008, as a conditional pause rather than the start of another tightening cycle.
Reddit calls Australia's under-16 social media ban 'poorly designed, ineffective' in court challengeAnadolu Agency3 November 2026, 07:46 UTCAustraliaCompany argues restrictions limit young people's political expression, while government defends law as necessary for child safety
Australia's central bank hikes rates to highest since 2008Daily Sabah3 November 2026, 07:35 UTCAustraliaEconomic dataAustralia's central bank hiked its key interest rate to an 18-year high on Tuesday, citing the prolonged war in the Middle East and elevated inflation. In a statement, the Reserve...
Adnoc’s XRG to buy Australian LNG stake for $1.5bnThe National3 November 2026, 07:28 UTCAustralia