{
  "id": 1988744,
  "title": "AUD/USD Price Forecast: Positive momentum points to further upside",
  "url": "https://urgent.news/2026/08/19/aud-usd-price-forecast-positive-momentum-points-to-further-upside",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-19T18:19:27.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/aud-usd-price-forecast-positive-momentum-points-to-further-upside-202608191819"
  },
  "original_language": "en",
  "account": "The AUD/USD currency pair held near a two-and-a-half-month high on Wednesday, buoyed by a broad weakness in the US Dollar (USD), according to the source material. The pair traded around 0.7118, up 0.43% on the day, following a high of 0.7129. The US Dollar Index (DXY) trading near 98.90, down 0.75% on the day, hit its lowest level since May 29. Rabobank strategists anticipate a shallow uptrend in AUD/USD into next year, potentially aided by the possibility of a November Reserve Bank of Australia (RBA) rate hike. The U.S. Federal Reserve is expected to avoid tightening policy this year. Employment data from Australia, set to be released Thursday, may provide additional direction for the pair; it is expected to add 15,000 jobs in July, with the unemployment rate remaining unchanged at 4.4%.",
  "summary": "AUD/USD holds firm near a two-and-a-half-month high on Wednesday, supported by broad US Dollar (USD) weakness, while technical indicators point to further upside. At the time of writing, the pair trades around 0.7118, up 0.43% on the day, after reaching an intraday high of 0.7129.",
  "key_points": [
    "AUD/USD near two-and-a-half-month high at 0.7118",
    "US Dollar Index down 0.75% on the day",
    "Rabobank sees shallow uptrend into next year"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "USD/CHF Price Forecast: 100-day SMA tested as US Dollar tanks",
        "url": "https://urgent.news/2026/08/19/usd-chf-price-forecast-100-day-sma-tested-as-us-dollar-tanks",
        "published": "2026-08-19T18:54:29.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}