Intraday bias in AUD/USD is turned neutral first with break of 0.6630 minor support. Some consolidations would be seen, but further rally is expected as long as 55 D EMA (now at 0.6539) holds. Decisive break of 0.6713 fibonacci level will carry larger bullish implications. However, sustained break of 55 D EMA will confirm short term topping and rejection by 0.6713. Deeper fall should then be seen back to 0.6413 support.

Action Forex

18.09.2025

Australia jobs disappoint in August as employment falls -5.4k - Action Forex

Australia’s labor market weakened in August as total employment fell by -5.4k, against expectations for a 21.2k gain. The headline masked stark contrasts, with full-time jobs dropping by -40.9k while part-time roles increased by 35.5k. Hours worked fell -0.4% mom, underscoring signs of cooling demand for labor.

Action Forex

18.09.2025

NZ: Change of OCR call – RBNZ to cut 50bp in October - Action Forex

Just last week, speaking at the Financial Services Council annual conference, RBNZ Governor Christian Hawkesby stated: “While our central projection for the OCR is to fall to around 2.50% by the end of the year, that could occur faster or slower depending on how the economic recovery evolves.”

Action Forex

18.09.2025

NZ economy shrinks -0.9%, Kiwi dives on bets of 50bps RBNZ cut next - Action Forex

New Zealand’s economy contracted far more than expected in Q2, with GDP falling -0.9% qoq against consensus forecasts of -0.3% qoq. The release confirmed a deeper downturn, with economic activity now having declined in three of the last five quarters. The breadth of weakness points to rising headwinds that could force the RBNZ into a more aggressive easing cycle.

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Economy

AUD/USD Daily Report - Action Forex

Australia jobs disappoint in August as employment falls -5.4k - Action Forex

NZ: Change of OCR call – RBNZ to cut 50bp in October - Action Forex

NZ economy shrinks -0.9%, Kiwi dives on bets of 50bps RBNZ cut next - Action Forex

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