
AUD/USD Nears 72c as AU and US CPI, Jackson Hole Loom
AUD/USD is closing in on 72c as Australian and US inflation reports collide with Jackson Hole, setting the stage for a potentially volatile end to the week.
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AUD/USD is closing in on 72c as Australian and US inflation reports collide with Jackson Hole, setting the stage for a potentially volatile end to the week.

ASX 200 volatility tends to rise after Jackson Hole, while sector correlations highlight the clearest support, resistance and leadership signals.

AUD/USD approaches 72c after eight weeks of gains as Australian inflation, Jackson Hole and Fed policy risks take centre stage.

The ASX 200 faces fresh pressure from rising bond yields, with 9,000 shaping up as a key support zone while options positioning points to 9,100 as the main near-term magnet.

The US dollar broke support as Treasury buybacks sent long-end yields lower, dragging USD/JPY towards important downside levels.

The ASX 200 is showing tentative signs of stabilisation after a sharp four-day selloff, but weakness across financials and consumer stocks suggests bulls may need more evidence before calling a swing low.

Sterling faces a UK jobs test as GBP/USD and GBP/AUD show signs of vulnerability despite more supportive BoE rate expectations.

AUD/USD grinds higher into Australian jobs data as RBA-Fed expectations remain finely balanced and the US dollar holds support.

Gold has wobbled after its breakout, but bullish positioning and options signals suggest dip buying could remain supportive.

The US dollar bounce looks vulnerable despite near-term support, while EUR/USD faces resistance before potentially resuming its broader advance.

Softer Fed rate hike pricing has not derailed the USD/JPY rebound, while EUR/USD continues to grind higher into US CPI.

Japanese yen weakness has returned, but renewed intervention risk and Wednesday’s US CPI report could challenge the USD/JPY recovery.

AUD/USD could extend its six-week rally, but the RBA and US CPI may determine whether the Aussie can break higher or stalls near 71c.