Australian Dollar holds gains near 0.7100 despite Fed rate hike, IMF urges RBA to stay hawkish

The AUD/USD pair gains ground to around 0.7090 during the early Asian trading hours on Thursday. Traders continue to assess the Federal Reserve (Fed) interest rate hike and US President Donald Trump’s comments. The US Initial Jobless Claims data will be published later on Thursday.

Gold impact rationale

Rising rate-hike or hawkish expectations increase gold's opportunity cost.

• Source: FXStreet news
• 2026-09-17
• rates

Topics: gold news, gold price impact, rates