The Australian dollar reaches a 14-month high against the US dollar as interest rate hike expectations fuel the surge

📈 The Australian dollar skyrockets! Reaches a new high in 14 months!

Driven by rising expectations of an interest rate hike by the Reserve Bank of Australia next year, AUD/USD is up 0.2% today to 0.6713, hitting the highest level since October 2024, with a quarterly increase now expanded to 1.5%, placing it among the top-performing currencies in developed markets💪

The core logic is clear: increased consumer spending + strong wage data pushing inflationary pressures, with the market betting that the RBA will initiate a rate hike as early as June next year, marking a clear end to the easing cycle.

🎯 Institutional heavyweight prediction: Commonwealth Bank of Australia states that the Australian dollar is expected to surge to 0.68 before the end of the year! Improved global conditions + interest rate hike expectations in early 2026 will continue to support the upward trend.

In the short term, focus on the resistance level at 0.6750, and closely monitor Australia's Q4 CPI, RBA meeting minutes, and Federal Reserve policy developments～ #澳元 #外汇市场 #加息预期