- The Australian dollar doubts while the weak macroeconomic data compensate for the positive feeling of the market.
- Australian inflation and private credit figures disappointed at the beginning of Monday.
- China’s weak manufacturing data increased pressure on the AUD.
The Australian dollar is going through an agitated and volatile trade around the 0.6530 area on Monday. The favorable feeling of the market, in the midst of some advances in commercial conversations between the US and some commercial partners, is promoting the appetite for risk, but the discouraging data of Australia and China are weighing on the pair.
The AUD/USD is negotiating with slight profits on Monday, favored by the general weakness of the USD, although the price action is maintained within Friday’s range after rejection in the resistance area of ​​0.6550 at the beginning of Monday.
Australian inflation and credit figures disappoint
In Australia, inflation and private credit figures have failed to support the pair. The TD-MI inflation indicator rose 0.1% in June after 0.4%, but was below 0.2% predicted by market analysts. The annual rate decreased per second consecutive month, to 2.4%, suggesting that price pressures continue to moderate.
Something later, the credit figures of the private sector of Australia disappointed. Credit growth slowed 0.5% in May from 0.7% in April, and was below the 0.7% increased by markets.
Beyond that, China’s data, Australia’s main commercial partner, have failed to improve confidence in the AU, since manufacturing activity was contracted for the third consecutive month, affected by the weak domestic demand and uncertain perspective of global trade.
Economic indicator
TD Securities inflation (Yoy)
This report, published by The University of Melbourne – Faculty of Economics and Commerceis considered an indicator of inflation in the Australian economy. A high reading can generate an increase in the interest rate of the RBA. Likewise, a fact that expected can be taken as positive and upward for the Australian dollar while a reading below expectations is perceived as negative and bassist for the currency.
Read more.
Last publication:
Lun Jun 30, 2025 01:00
Frequency:
Monthly
Current:
2.4%
Dear:
–
Previous:
2.6%
Fountain:
Melbourne Institute
Economic indicator
Credit to the Private Sector (MOM)
He Reserve Bank of Australia publishes the amount of money that the Australian private sector borrows. It indicates the capacity of the private sector to invest or spend large quantities, which would boost economic growth. It is considered an indicator of business confidence and the economic conditions of Australia. A result superior to the market consensus is up to the Australian dollar, while a result less than the expected is bassist.
Read more.
Last publication:
Lun Jun 30, 2025 01:30
Frequency:
Monthly
Current:
0.5%
Dear:
0.7%
Previous:
0.7%
Fountain:
Reserve Bank of Australia
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
