Aussie Dollar Quiet to End 2025
AUD
The Aussie dollar finishes the year with high spirits, opening up against all the majors. Asian equities where quiet into the close, with the ASX closing down 0.1% and the SHANGHAI COMP finished flat. Commodities where mixed into the close, with OIL down 0.2%, Nat Gas down 2.5%, Gold up 0.2%, Silver up 4.6%, Iron Ore up 0.1% and Copper up 3.2%. There was no news released yesterday, but tonight will see Chinese PMI to be released. Manufacturing is expected to remain contractionary at 49.2 and Non-Manufacturing to go from 49.5 to 49.6.
USD
The AUDUSD sees a very stable 24 hours, with the pair barely moving, opening this morning at a rate of 0.6696. Wallstreet was soft into the close, with the DOW JONES, S&P 500 and the NASDAQ call closed down 0.1%. FOMC Meeting minutes were released last night, showing officials were in tight split over December rate cut. Most participants judged that further downward adjustments to the target range for the federal funds rate would likely be appropriate if inflation declined over time as expected. Unemployment Claims are set to be released tonight, expected to increase from 214k to 219k.
EUR
The AUDEUR has seen small gains yesterday, with the pair just breaking through the 0.57 barrier, opening this morning at a rate of 0.57. European equities saw solid gains, with the DAX finishing up 0.6% and the CAC up 0.7%. Last night saw Spanish Flash CPI y/y come out higher at 2.9%, expected at 2.8% from 3.0%. there is no further news out this year.
GBP
The AUDGBP picked up since yesterday, with the pair seeing most of its gains overnight, opening this morning at a rate of 0.4971. British equities finished up in the green, with the FTSE closing up 0.8%. There was no news out and no further news for the remainder of the year.
NZD
The AUDNZD staunches up, hitting a monthly high, opening this morning at a rate of 1.1560. There was no data out this week for New Zealand.