Core Viewpoint - The Australian dollar (AUD) has depreciated against the US dollar (USD), trading around 0.64, despite a significant improvement in consumer confidence in August due to the third interest rate cut of the year, which has positively influenced fiscal and economic outlooks [1] Group 1: Economic Indicators - The Westpac-Melbourne Institute survey indicates that the consumer confidence index rose by 5.7% in August, reaching 98.5, the highest level since early 2022 [1] - A reading below 100 suggests that pessimists still outnumber optimists among consumers [1] Group 2: Monetary Policy - The Reserve Bank of Australia (RBA) has lowered the interest rate to 3.6%, marking the third rate cut of the year, and indicated the potential need for further easing to meet inflation and employment targets as the economy shows signs of losing momentum [1] Group 3: Technical Analysis - Resistance levels for AUD/USD are identified at 0.6625 (the high on July 24) and 0.6687 (the peak on November 7, 2024). A decisive break above these levels could pave the way for a return to the significant 0.7000 mark [1] - Initial support is at 0.6418 (the low on August 1), followed by the 200-day simple moving average (SMA) at 0.6386. A drop below this level could lead to a further decline towards the low of 0.6372 on June 23 [1]
澳洲联储宽松政策见效 消费者信心创两年新高
Jin Tou Wang·2025-08-19 04:03