• The Australian dollar can regain its basis because the improvement of global commercial mood increases the appetite at risk.
• A report on a change in employment in Australia showed that in April 89,000 up-to-date jobs were added, which significantly exceeding the 20,000 forecast.
• Combating global commercial tensions weakened market expectations for American Fed rates this year.

Australian dollar (AUD) gave up his daily benefits towards American dollar (USD) On Thursday. The Aud/USD pair has gained because the alleviation of global commercial tensions increased the demand for risk -sensitive currencies Also dollar.

The Australian Bureau of Statistics (ABS) announced on Thursday that the change of employment increased to 89,000 in April, compared to 36,400 in March and much above 20,000. Meanwhile Unemployment rate It takes place at a constant level of 4.1% in April, unchanged since the previous month.

The senior adviser to the Supreme Leader of Iran, Ali Shamkhani, said on Wednesday that Iran is prepared to sign a nuclear agreement with US President Donald Trump. According to NBC, the offer includes Iran’s commitment to never develop nuclear weapons in exchange for immediate raising of all US economic sanctions.

At the weekend of the US and China reached a preliminary agreement during commercial talks in Switzerland to significantly withdraw tariffs. According to the conditions of the US agreement, they will reduce the tariffs to Chinese goods from 145% to 30%, while China will reduce the features of US imports from 125% to 10%. This development is widely perceived as a significant step towards de -leaning of trade conflict.

Fighting with Australian dollars despite a better risk appetite

• The American dollar index (DXY), which measures the American dollar in relation to the basket of six main currencies, is lower at around 100.90 at the time of writing. Traders will have an eye to spend American retail sales and the manufacturer’s price index (PPI) in April later on Thursday.
• Fighting global trade tensions increased optimism, which salesmen saw in order to reduce the perceived risk of recession. This change can provide support to the American dollar. This year, market expectations have decreased to reduce federal reserve rates (FED). According to LSEG data, in September there is 74% likely to cut a 25 base point, compared to previous forecasts that predicted cutting after July.
• The US consumer price indicator (CPI) increased by 2.3% year -on -year in April, just below 2.4% of the raise recorded in March and market expectations by 2.4%. Core CPI – which excludes food and energy – also increased by 2.8% per year, corresponding to both the previous number and forecasts. Every month, both the CPI and Core CPI header increased by 0.2% in April.
• US President Donald Trump told Fox News that he is working on gaining greater access to China, describing the relationship as excellent and expressing readiness to directly negotiate with President XI on a potential contract.
• The Chinese consumer price indicator (CPI) fell in the third month in April in April, falling by 0.1% year on year, corresponding to both the market forecast and the inheritance recorded in March, in accordance with the data published on Saturday by the National Bureau of Statistics. Meanwhile, the manufacturer’s price rate (PPI) arranged in April by 2.7%, wanted than a 2.5% decrease in March and lower market expectations as a result of a drop in by 2.6%.
• The salary price index in Australia increased by 3.4% year -on -year in Q1 2025, compared to 3.2% raise in quarter of 2024 and exceeding market forecasts by 3.2% growth. This means recovering from the previous quarter, which recorded the slowest raise in wages from the quarter of 2022. In the quarter, the index increased by 0.9% in the first quarter, exceeding the expected raise by 0.8%.
• Australian Prime Minister Anthony Albanese was sworn in for the second term on Tuesday after the decisive election victory. The key positions of the office – including the treasurer, foreign affairs, defense and trade – have unchanged. Albanese is to take part in the inaugural mass of Pope Leo XIV in Rome on Sunday, where he will also meet with leaders, such as the President of the European Commission Ursula von der Leyen in order to discuss trade relations.
• Combating global commercial tensions prompted investors to reduce the expectations of aggressive interest rates in Australia. Markets are now designing the Australian Reserve Bank (RBA) to reduce the money to about 3.1% at the end of the year, which is a change from earlier forecasts 2.85%. Nevertheless, RBA is still expected to continue the reduction of the base point at the upcoming political meeting.

Australian dollar withdraws from nearly 0.6450; Re -review of nine EMA days

Aud/USD floats on Thursday near 0.6430. Daily chart analysis It suggests stubborn bias, with the pair persists above the nine -day interpretation of the movable medium (EMA). In addition, the 14-day relative strength indicator (RSI) remains above threshold 50, supporting a positive shoot.

Initial support is observable on an EMA nine-day about 0.6429, and then an EMA 50-day near 0.6355. Solid cracking below these levels can weaken short-term perspectives and open the path for a deeper decline in the direction of 0.5914- a level recently achieved in March 2020.

On the other hand, the couple could potentially evaluate the six -month highest level of 0.6515, last seen on December 2, 2024. Long -term transition beyond this level can determine the stage towards seven -month -high level 0.6687, marked in November 2024.

Aud/USD: Daily Chart