Australian Dollar holds gains following Judo Bank PMI data

출처 Fxstreet
  • The Australian Dollar retraces its losses registered in the previous session.
  • Australia's Judo Bank Purchasing Managers Index indicated that private sector activity grew for the seventh straight month in April.
  • President Trump reassured investors that he has no intention of removing Fed’s Powell, helping ease concerns about central bank independence.

The Australian Dollar (AUD) recovered some ground on Wednesday, retracing its losses from the previous session. The AUD/USD pair stabilized following the release of preliminary data from Australia's Judo Bank Purchasing Managers Index (PMI), which showed that private sector activity expanded for the seventh consecutive month in April, driven by continued growth in both manufacturing and services output.

The Judo Bank Manufacturing PMI edged down to a two-month low of 51.7 in April, compared to 52.1 in March. While manufacturing output remained in expansion territory, the increase in new orders was modest. Meanwhile, the Services PMI dipped slightly to 51.4 from 51.6 in the previous month, and the Composite PMI also eased to 51.4 from 51.6.

The AUD/USD pair came under pressure as the US Dollar (USD) strengthened, supported by comments from US Treasury Secretary Scott Bessent, who described the ongoing tariff standoff as “unsustainable,” suggesting a potential move toward de-escalation. Market sentiment was further boosted by US President Donald Trump, who reassured investors that he has no intention of removing Federal Reserve (Fed) Chair Jerome Powell, helping ease concerns about central bank independence and policy direction.

Australian Dollar advances as Trump says that tariffs on Chinese goods wouldn’t be high

  • President Trump also expressed optimism about ongoing trade negotiations with China, stating that discussions were progressing well. Trump added that while tariffs on Chinese goods wouldn’t be as high as 145%, they also wouldn’t be eliminated entirely.
  • The White House announced on Tuesday that the Trump administration is making headway in negotiating trade deals aimed at easing the broad tariffs introduced earlier this month. According to US Press Secretary Karoline Leavitt, 18 countries have already submitted trade proposals to the US, and President Trump’s trade team is scheduled to meet with representatives from 34 nations this week to explore potential agreements.
  • Federal Reserve Board Governor Adriana Kugler stated on Tuesday that the unexpectedly large US import tariffs are likely to push prices higher. As reported by Reuters, Kugler emphasized that the Federal Reserve should maintain current short-term interest rates until inflationary pressures begin to ease.
  • The US Consumer Price Index (CPI) inflation eased to 2.4% year-over-year in March, down from 2.8% in February and below the market forecast of 2.6%. Core CPI, which excludes food and energy prices, rose 2.8% annually, compared to 3.1% previously and missing the 3.0% estimate. On a monthly basis, headline CPI dipped by 0.1%, while core CPI edged up by 0.1%.
  • Reserve Bank of Australia's (RBA) March 31–April 1 Meeting Minutes indicated ongoing uncertainty around the timing of the next interest rate adjustment. Although the Board considered the May meeting a suitable point to review monetary policy, it stressed that no decisions had been made in advance. The Board also pointed to both upside and downside risks facing Australia's economy and inflation trajectory.
  • China’s economy grew at an annual rate of 5.4% in the first quarter of 2025, matching the pace seen in Q4 2024 and surpassing market expectations of 5.1%. On a quarterly basis, GDP rose by 1.2% in Q1, following a 1.6% increase in the previous quarter, falling short of the forecasted 1.4% gain.

Australian Dollar hovers around 0.6400, nine-day EMA acts as immediate support

The AUD/USD pair is hovering near 0.6390 on Wednesday, with daily chart technicals signaling a bullish bias. The pair remains above the nine-day Exponential Moving Average (EMA), while the 14-day Relative Strength Index (RSI) holds firm above the 50 mark—both indicators pointing to continued upward momentum.

On the upside, immediate resistance lies at the recent four-month high of 0.6439, reached on April 22. A clear break above this level could open the door for a rally toward the five-month high of 0.6515.

To the downside, initial support is seen at the nine-day EMA near 0.6350, followed by stronger support around the 50-day EMA at 0.6295. A sustained move below these levels could invalidate the current bullish outlook and expose the pair to deeper losses, potentially targeting the March 2020 low near 0.5914.

AUD/USD: Daily Chart

Australian Dollar PRICE Today

The table below shows the percentage change of Australian Dollar (AUD) against listed major currencies today. Australian Dollar was the strongest against the Swiss Franc.

USD EUR GBP JPY CAD AUD NZD CHF
USD 0.24% 0.19% 0.36% 0.11% -0.57% -0.26% 0.45%
EUR -0.24% -0.07% 0.10% -0.14% -0.78% -0.51% 0.21%
GBP -0.19% 0.07% 0.17% -0.08% -0.70% -0.45% 0.29%
JPY -0.36% -0.10% -0.17% -0.26% -0.83% -0.65% 0.12%
CAD -0.11% 0.14% 0.08% 0.26% -0.57% -0.35% 0.37%
AUD 0.57% 0.78% 0.70% 0.83% 0.57% 0.27% 1.02%
NZD 0.26% 0.51% 0.45% 0.65% 0.35% -0.27% 0.74%
CHF -0.45% -0.21% -0.29% -0.12% -0.37% -1.02% -0.74%

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Australian Dollar from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent AUD (base)/USD (quote).

Economic Indicator

Judo Bank Manufacturing PMI

The Manufacturing Purchasing Managers Index (PMI), released on a monthly basis by Judo Bank and S&P Global, is a leading indicator gauging business activity in Australia’s manufacturing sector. The data is derived from surveys of senior executives at private-sector companies. Survey responses reflect the change, if any, in the current month compared to the previous month and can anticipate changing trends in official data series such as Gross Domestic Product (GDP), industrial production, employment and inflation. The index varies between 0 and 100, with levels of 50.0 signaling no change over the previous month. A reading above 50 indicates that the manufacturing economy is generally expanding, a bullish sign for the Australian Dollar (AUD). Meanwhile, a reading below 50 signals that activity among goods producers is generally declining, which is seen as bearish for AUD.

Read more.

Last release: Tue Apr 22, 2025 23:00 (Prel)

Frequency: Monthly

Actual: 51.7

Consensus: -

Previous: 52.1

Source: S&P Global

면책 조항: 정보 제공 목적으로만 사용됩니다. 과거 성과가 미래 결과를 보장하지 않습니다.
placeholder
리플 가격 연간 전망: XRP, 2025년에 새로운 고점에 도달할 수 있을까?리플(XRP)은 2024년 처음 10개월 동안 2021년 5월에 겪은 급격한 하락 이후 지속된 통합 패턴을 연장했습니다.
저자  FXStreet
2024 년 12 월 23 일
리플(XRP)은 2024년 처음 10개월 동안 2021년 5월에 겪은 급격한 하락 이후 지속된 통합 패턴을 연장했습니다.
placeholder
오늘 암호화폐 시장이 상승한 이유는?비트코인(BTC)은 화요일, 미 재무장관 스콧 베센트가 비공개 회의에서 “미중 간 무역 갈등은 지속 불가능하다”고 발언한 이후 전반적인 금융 시장과 함께 $93,000을 돌파하며 상승했다.
저자  FXStreet
4 월 23 일 수요일
비트코인(BTC)은 화요일, 미 재무장관 스콧 베센트가 비공개 회의에서 “미중 간 무역 갈등은 지속 불가능하다”고 발언한 이후 전반적인 금융 시장과 함께 $93,000을 돌파하며 상승했다.
placeholder
비트코인, 이더리움, 리플 가격 전망 TOP 3: 뉴햄프셔가 첫 미국 비트코인 비축고 승인 후 BTC 반등비트코인(BTC) 가격은 수요일 현재 97,700달러의 주요 저항선에 근접해 있으며, 이 수준을 명확히 돌파할 경우 100,000달러까지 상승할 가능성이 있습니다.
저자  FXStreet
5 월 07 일 수요일
비트코인(BTC) 가격은 수요일 현재 97,700달러의 주요 저항선에 근접해 있으며, 이 수준을 명확히 돌파할 경우 100,000달러까지 상승할 가능성이 있습니다.
placeholder
비트코인 가격 전망: 미중 무역 협상 낙관론에 BTC 97,000달러 돌파암호화폐 시장은 미중 무역 전쟁 완화를 위한 고위급 회담이 이번 주말 시작될 예정이라는 소식에 낙관적인 분위기를 보이고 있습니다.
저자  FXStreet
5 월 07 일 수요일
암호화폐 시장은 미중 무역 전쟁 완화를 위한 고위급 회담이 이번 주말 시작될 예정이라는 소식에 낙관적인 분위기를 보이고 있습니다.
placeholder
암호화폐 오늘: FOMC로 SOL, Alpaca, SUI 스테이킹 시장 상승, BTC 가격 97,500달러 돌파미국 연방준비제도이사회(Fed)는 세 번째 연속 금리 동결을 발표했으며, 매파적 성향의 회의록이 함께 공개되어 뉴스의 중심이 되었습니다.
저자  FXStreet
어제 01: 53
미국 연방준비제도이사회(Fed)는 세 번째 연속 금리 동결을 발표했으며, 매파적 성향의 회의록이 함께 공개되어 뉴스의 중심이 되었습니다.
goTop
quote