Aussie Dollar Reaches 2025 Highs Against USD

AUD

The Aussie Dollar opens lower this morning against the majors after what was a quiet day on news releases, with markets retracing early last night. Asian equities opened the week in the red, the Hang Seng -0.7%, Nikkei -0.5% and the Shenzhen -0.4%. Locally the ASX retreated -0.4% as technology and energy sectors led losses at -1% and -0.7% respectively. Commodities took a big hit last night with Gold -4.4%, Silver -8.9%, Iron Ore flat, and Copper -4.5%. There will be no further domestic releases for 2025, with our next major release coming next Wednesday with our CPI data. There will also be some Chinese data released tomorrow with Manufacturing and Non-Manufacturing PMI.
 

USD

AUDUSD opens lower this morning at 0.6693 dropping early last night unable to hold its 0.67 handle after US Pending Home Sales for November rose by 3.3% MoM, up from a positively revised +2.4% and well above expectations of +1.0%. US Equities saw Wall St. close in the negative with the Dow -0.4%, S&P 500 -0.3% and the Nasdaq -0.5%. Nothing set for release today out of the US, however early tomorrow morning at 6am the FOMC Meeting Minutes will close off 2025 and will be released providing detailed insights into the Federal Reserve's December deliberations that resulted in a rate cut coupled with fewer projected cuts for 2026. The minutes will be scrutinized for any discussion about the conditions that would warrant pausing the cutting cycle, concerns about persistent inflation, and assessments of labour market resilience that shaped the more cautious outlook.
 

EUR

AUDEUR opens lower this morning losing its 0.57 handle at 0.5684 after the AUD was unable to maintain its gains falling early last night. Nothing of note out of the Eurozone yesterday, and major movements to equities with the DAX closing flat, and the CAC +0.1%. It will be another quiet day out of the Eurozone with the last piece of economic data being released in 2025 being the Spanish Flash CPI y/y set for release tonight forecasted to drop from 3.0% to 2.8%.
 

GBP

AUDGBP opens lower this morning at 0.4953 following suit with the other majors against the AUD. Nothing to speak on out of the UK yesterday with nothing released and the FTSE closing flat. The UK ends 2025 with no further data, with their next release being on the 2nd of January 2026 with their Nationwide HPI m/m.
 

NZD

AUDNZD retraced late last night opening lower this morning at 1.1523.  Our Kiwi neighbours close out 2025 with nothing further to be released, with their next release being tentative on the 7th of January with GDT Price Index.