- The Australian dollar depreciates as the market feeling weakens after US attacks to the three nuclear facilities of Iran.
- Australia’s PMI improved 51.3 in June from 50.6 previous, while the compound PMI increased to 51.2 from 50.5.
- The governor of the Fed, Christopher Waller, said that the US Central Bank could begin to cut the interest rates as soon as next month.
The Australian dollar (AUD) depreciated against the US dollar (USD) on Monday, extending its losses for third consecutive session. The aud/USD pair remains weaker in the midst of a feeling of attenuated risk, driven by growing tension in the Middle East.
The president of the USA, Donald Trump, announced late on Saturday that he had “annihilated” the three nuclear facilities of Iran, including Fordow, Natanz and Isfahan, in night attacks, in coordination with an Israeli assault. The Iranian Parliament approved a measure to close the Strait. Iran has threatened to close the Strait in the past, but has never carried out the measure, according to Reuters.
S&P Global reported that the Australian Purchase Manufacturing Manufacturing Managers Index (PMI) remained constant in a 51.0 reading in June. Meanwhile, the PMI of Services rose to 51.3 from the previous reading of 50.6, while the compound PMI improved to 51.2 in June from 50.5 above.
The Australian dollar falls due to the increase in risk aversion
- The US dollar index (DXY), which measures the value of the US dollar compared to six main currencies, is losing ground and negotiating around 99,600 at the time of writing.
- The governor of the Federal Reserve (Fed), Christopher Waller, said Friday that the Central Bank of the US could begin to make monetary policy moreland as soon as next month, pointing out flexibility in the midst of global economic uncertainty and the increase in geopolitical risks.
- The US Fed decided to maintain the stable interest rate at 4.5% in June, as expected widely. The Federal Open Market Committee (FOMC) still foresees around 50 basic points of interest rate cuts until the end of 2025. However, the president of the Fed, Jerome Powell, warned that the continuous uncertainty of the policy will keep the Fed in a position of maintaining the rates, and any cut of wares will depend on an additional improvement in the labor data and inflationary data.
- The Popular Bank of China (PBOC) decided to keep its preferential loan rates (LPR) without changes on Friday. The LPR at one year and five years were 3.00% and 3.50%, respectively.
- China’s retail sales increased by 6.4% year -on -year in May, exceeding 5.0% expected and the increase of 5.1% in April. Meanwhile, industrial production increased 5.8% year -on -year, but was below the 5.9% and 6.1% prognosis.
- In addition, the China National Statistics Office (NBS) said that the domestic economy is expected to have generally stable during the first half (H1) of 2025. However, economic growth in China could face difficulties since the second quarter due to uncertain commercial policies.
- The Australia Statistics Office reported Thursday that the variation in employment fell by 2.5K in May compared to an increase of 87.6K in April (reviewed from 89K) and the consensus forecast of a 25K increase. In addition, the unemployment rate remained at 4.1% in May, as expected.
The Australian dollar moves below the 50 -day EMA about 0.6500
The AUD/USD is negotiating around 0.6430 on Monday. The daily technical analysis shows that the torque has broken below the pattern of ascending channel, which could cause the appearance of a bearish bias. In addition, the 14 -day relative force index (RSI) has fallen below the 50 brand, strengthening the bearish bias. The pair is falling below the nine -day exponential mobile average (EMA), indicating that the short -term price momentum is weaker.
At the bottom, the AUD/USD torque could test the “backward support” around the psychological level of 0.6400. A rupture below this level could lead to the pair to navigate in the region around 0.5914, the lowest level since March 2020.
The main barrier seems to be in the EMA of 50 days of 0.6432, followed by the lower limit of the upward channel around 0.6450. A successful rebound to the channel would relive the bullish bias and support the torque to test the nine -day EMA at 0.6474. A rupture above this level would reinforce the upward feeling and take the aud/USD to the maximum of seven months of 0.6552, which was recorded on June 16.
AUD/USD: Daily graphic
Australian dollar Price today
The lower table shows the percentage of change of the Australian dollar (AUD) compared to the main currencies today. Australian dollar was the weakest currency against the euro.
| USD | EUR | GBP | JPY | CAD | Aud | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | -0.36% | -0.20% | -0.13% | -0.01% | 0.06% | -0.00% | 0.09% | |
| EUR | 0.36% | 0.13% | 0.27% | 0.36% | 0.38% | 0.36% | 0.42% | |
| GBP | 0.20% | -0.13% | 0.16% | 0.23% | 0.25% | 0.23% | 0.29% | |
| JPY | 0.13% | -0.27% | -0.16% | 0.10% | 0.16% | 0.18% | 0.14% | |
| CAD | 0.00% | -0.36% | -0.23% | -0.10% | 0.11% | 0.00% | 0.06% | |
| Aud | -0.06% | -0.38% | -0.25% | -0.16% | -0.11% | -0.04% | 0.04% | |
| NZD | 0.00% | -0.36% | -0.23% | -0.18% | -0.00% | 0.04% | 0.06% | |
| CHF | -0.09% | -0.42% | -0.29% | -0.14% | -0.06% | -0.04% | -0.06% |
The heat map shows the percentage changes of the main currencies. The base currency is selected from the left column, while the contribution currency is selected in the upper row. For example, if you choose the Australian dollar of the left column and move along the horizontal line to the US dollar, the percentage change shown in the box will represent the Aud (base)/USD (quotation).
Economic indicator
PMI compound global s & p
The index composed of purchasing managers (PMI), published monthly by S&P globalit is an advanced indicator that measures private business activity in Australia for both manufacturing and services sectors. The data is derived from surveys to senior executives. Each response is weighted according to the size of the company and its contribution to the total production of manufacturing or services counted by the sub-director to which that company belongs. The responses of the survey reflect the change, if there is, in the current month compared to the previous month and can anticipate changing trends in official data series such as the Gross Domestic Product (GDP), industrial production, employment and inflation. The index varies between 0 and 100, with 50.0 levels pointing out that there is no change compared to the previous month. A reading above 50 indicates that the Australian private economy is expanding in general, which is an upward sign for the Australian dollar (Aud). Meanwhile, a reading below 50 points out that the activity is decreasing in general, which is considered bassist for the AUD.
Read more.
Last publication:
Dom Jun 22, 2025 23:00 (Prel)
Frequency:
Monthly
Current:
51.2
Dear:
–
Previous:
50.5
Fountain:
S&P global
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.
