The Australian dollar traded below $0.698 and was on track for its first weekly loss in a month, pressured by a stronger US dollar as higher oil prices and renewed trade tensions fueled inflation concerns. Brent crude climbed above $100 per barrel after Houthi attacks on Saudi oil tankers in the Red Sea, while President Donald Trump threatened further action against Iran. Fresh US tariffs on goods from 60 trading partners added to inflation concerns, reinforcing expectations that interest rates could remain higher for longer. The stronger greenback erased gains the Aussie had made after domestic jobs data beat forecasts, while soaring oil prices also strengthened the case for another Reserve Bank of Australia rate hike. Markets now imply a 40% chance the RBA will lift the 4.35% cash rate in August, up from just 10% a few weeks ago, with a move by November almost fully priced. Investors now await second-quarter inflation data due next week for further clues on the policy outlook.

The AUD/USD exchange rate rose to 0.6988 on July 24, 2026, up 0.28% from the previous session. Over the past month, the Australian Dollar has strengthened 1.13%, and is up by 6.44% over the last 12 months. Historically, the Australian Dollar reached an all time high of 1.49 in December of 1973. Australian Dollar - data, forecasts, historical chart - was last updated on July 24 of 2026.

The AUD/USD exchange rate rose to 0.6988 on July 24, 2026, up 0.28% from the previous session. Over the past month, the Australian Dollar has strengthened 1.13%, and is up by 6.44% over the last 12 months. The Australian Dollar is expected to trade at 0.70 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 0.72 in 12 months time.



Crosses Price Day Year Date
AUDUSD 0.6988 0.0019 0.28% 6.44% Jul/24
EURAUD 1.6293 -0.0033 -0.20% -8.86% Jul/24
GBPAUD 1.9056 -0.0051 -0.27% -6.87% Jul/24
AUDNZD 1.2083 0.0011 0.09% 10.76% Jul/24
AUDJPY 114.4210 0.2320 0.20% 18.03% Jul/24
AUDCNY 4.7331 0.0101 0.21% 0.66% Jul/24
AUDCHF 0.5706 0.0014 0.24% 9.40% Jul/24
AUDCAD 0.9843 0.0028 0.28% 9.56% Jul/24
AUDMXN 12.2194 0.0092 0.08% 0.36% Jul/24
AUDINR 67.5485 0.0351 0.05% 18.94% Jul/24
AUDBRL 3.5504 -0.0036 -0.10% -2.47% Jul/24
AUDRUB 54.6209 0.0544 0.10% 4.77% Jul/24
AUDKRW 1,023.3360 -5.0297 -0.49% 12.65% Jul/24
AUDIDR 12,547.2636 -4.4222 -0.04% 16.82% Jul/24
AUDARS 1,040.3096 2.6638 0.26% 23.70% Jul/24
AUDCZK 14.8294 0.0123 0.08% 8.13% Jul/24
AUDDKK 4.5889 0.0098 0.21% 9.99% Jul/24
AUDHUF 222.6890 -0.7043 -0.32% 0.52% Jul/24
AUDMYR 2.8601 0.0107 0.38% 3.19% Jul/24
 Currencies
 AUD...
 ...AUD



Related Last Previous Unit Reference
United States Inflation Rate 3.50 4.20 percent Jun 2026
Australia Inflation Rate 4.00 4.20 percent May 2026
United States Fed Funds Interest Rate 3.75 3.75 percent Jun 2026
Australia Interest Rate 4.35 4.35 percent Jun 2026
Australia Unemployment Rate 4.40 4.40 percent Jun 2026
United States Unemployment Rate 4.20 4.30 percent Jun 2026

Australian Dollar
The AUDUSD spot exchange rate specifies how much one currency, the AUD, is currently worth in terms of the other, the USD. While the AUDUSD spot exchange rate is quoted and exchanged in the same day, the AUDUSD forward rate is quoted today but for delivery and payment on a specific future date.
Actual Previous Highest Lowest Dates Unit Frequency
0.70 0.70 1.49 0.48 1971 - 2026 Daily

News Stream
Aussie Set for 1st Weekly Loss in a Month
The Australian dollar traded below $0.698 and was on track for its first weekly loss in a month, pressured by a stronger US dollar as higher oil prices and renewed trade tensions fueled inflation concerns. Brent crude climbed above $100 per barrel after Houthi attacks on Saudi oil tankers in the Red Sea, while President Donald Trump threatened further action against Iran. Fresh US tariffs on goods from 60 trading partners added to inflation concerns, reinforcing expectations that interest rates could remain higher for longer. The stronger greenback erased gains the Aussie had made after domestic jobs data beat forecasts, while soaring oil prices also strengthened the case for another Reserve Bank of Australia rate hike. Markets now imply a 40% chance the RBA will lift the 4.35% cash rate in August, up from just 10% a few weeks ago, with a move by November almost fully priced. Investors now await second-quarter inflation data due next week for further clues on the policy outlook.
2026-07-24
Australian Dollar Climbs on Strong Jobs Data
The Australian dollar rose above $0.70, reaching a five-week high as a stronger-than-expected labor market report reinforced expectations of another interest rate hike. Net employment surged by 76,300 in June, the biggest increase since April last year and far above forecasts of a 15,300 gain, while the unemployment rate held at 4.4% as expected, with the participation rate rising to a one-year high of 67%. The upbeat data reinforced signs of tight labor conditions and prompted markets to boost the odds of another rate hike by year-end to 90%, up from 78% previously. Combined with higher oil prices amid renewed fighting in the Middle East, the strong jobs report added to uncertainty over the inflation outlook and increased pressure on the Reserve Bank of Australia to keep policy restrictive. Investors now await second-quarter inflation data due next week, with core inflation expected to accelerate to 3.7% annually from 3.5%, remaining well above the central bank's 2%-3% target band.
2026-07-23
Australian Dollar Hits 4-week High
AUDUSD increased to 0.70, the highest since June 2026. Over the past 4 weeks, Australian Dollar US Dollar gained 0.27%, and in the last 12 months, it increased 7.14%.
2026-07-21