• Sat, Feb 28, 2026|
  • JKT --:--
  • TKY --:--
  • HK --:--
  • NY --:--

Indonesia News Portal for Traders | Financial & Business Updates

15 July 2025 09:53  |

Australian Dollar Edges Higher

The Australian dollar edged higher to around $0.654 on Tuesday, following a notable decline in the previous session, largely driven by renewed optimism over US President Donald Trump's willingness to further engage in trade discussions.

Despite maintaining a firm stance on the upcoming 30% tariffs set to take effect on August 1, Trump indicated a readiness to resume negotiations with the European Union and other major trading partners, hinting at a potential diplomatic opening and easing investor fears of a deepening trade conflict.

Domestically, sentiment was further buoyed by positive economic data, with the Westpac-Melbourne Institute Consumer Sentiment Index rising by 0.6% month-on-month to 93.1 in July 2025. This marked a third straight monthly gain, signaling a modest but encouraging improvement in consumer outlook.

Investors are now turning their attention to key domestic data releases later this week, including consumer inflation expectations and the latest employment figures.

Source: Trading Economics

Related News

AUD/USD

AUD Weakens as Middle East Tensions Weigh on Market Sentime...

The Australian Dollar (AUD) continued to weaken against the US Dollar (USD) on Monday (23/6), extending its decline for the t...

23 June 2025 09:34
AUD/USD

AUD Weakens: Trump, China, and RBA Are Heavy Burdens

The Australian Dollar (AUD) weakened against the US Dollar (USD) on Monday (07/07), continuing its downward trend for the thi...

7 July 2025 13:37
AUD/USD

AUD/USD Could Rise Up to 1.0% If RBA Keeps Rates On Hold

AUD/USD could rise up to 1.0% if the RBA leaves rates unchanged, CBA’s Kristina Clifton said in a research report. “A Blo...

18 February 2025 07:20
AUD/USD

AUD/USD Downside Limited To 0.60-0.62 In The Short Term

The Reserve Bank of Australia (RBA) has decided to maintain the cash rate at 4.1%. This decision was widely anticipated by ma...

2 April 2025 15:59
BIAS23.com NM23 Ai