FXStreet put AUD/USD at 0.6846 Wednesday, near its March low, as Federal Reserve and Australian officials offered different signals about the direction of their next interest-rate decisions.
FXStreet reported the quote at 10:06 a.m. ET (15:06 UTC) Nov. 11, down 0.28% on the day. Yahoo Finance’s historical data lists a low of 0.6834 on March 30. For Nov. 11, it shows a low of 0.6847 and a close of 0.6853, while the Reserve Bank of Australia (RBA)’s daily table lists 0.6878. The observations use different measurements and are not necessarily like-for-like.
The RBA raised its cash rate target by 25 basis points to 4.85% on Nov. 3, effective Nov. 4. It was the bank’s fifth rate increase of 2026. The bank cited broad-based inflation, higher fuel and other commodity prices, and domestic capacity pressures, and forecast inflation would stay above 3% for the coming year.
RBA Governor Michele Bullock said the board did not know its next move and would watch for upside inflation risks. She said it was time to “take stock for a minute” as incoming data arrived.
The Federal Open Market Committee (FOMC) held its federal funds target range at 3.75% to 4% on Oct. 28, though two members favored a 25-basis-point increase. Australia’s cash rate target is above the U.S. range; the difference in signals concerns what officials may do next, rather than their current rate levels.
In a Nov. 10 speech, Federal Reserve Governor Christopher J. Waller said he would support a 25-basis-point increase in December if inflation followed his expectations. He also said officials should consider a 50-basis-point move if October core CPI was around 0.3% or higher; that was Waller’s view, not an FOMC decision.
The U.S. Bureau of Labor Statistics (BLS) reported that consumer prices rose 0.4% in October, after a 0.6% increase in September. Prices excluding food and energy rose 0.3%, matching the monthly increases in August and September.
The RBA is scheduled to announce its next rate decision Dec. 8, and the FOMC is due to meet Dec. 8-9.
