Aussie Dollar Hits 10-Week High as Fed Bets Fade
The Australian dollar rose above $0.709 on August 17, 2026, hitting a ten-week high as the Reserve Bank of Australia kept a hawkish stance while the US dollar weakened on fading Fed rate hike bets. The AUD/USD pair reached 0.7094, up 0.15% on the day, with markets pricing around a 70% chance of a final RBA move to 4.60% by early next year.



















