There aren’t any major expiries to take note of on the day, with the full list seen below.The only real mover so far on the day is the Australian dollar, being dragged down slightly amid RBA governor Bullock’s press conference – which is still ongoing. She’s making it clear that the central bank has room to wait now before taking the next step, and that is seeing hawkish expectations ease slightly. In turn, AUD/USD is now down 0.4% to 0.7136 on the day.As for trading sentiment among major currencies in general, it all continues to ride on the risk mood. In that lieu, US-Iran developments remain the key risk factor. So, headline risks remain paramount at this stage.It’s been a big mess to start the new week with a lot of he said, she said on what is happening in the Strait of Hormuz and with regards to missiles and drone strikes. However, the fact of the matte remains that the US and Iran are still far apart from reaching a resolution. As such, the war continues to drag on and global energy supply continues to tighten further.So, that’s keeping the dollar in a steadier spot and will be a driving factor in the background as we look to the session ahead.For more information on how to use this data, you may refer to this post here.
This article was written by Justin Low at investinglive.com.
💡 DMK Insight
The Australian dollar’s dip during RBA governor Bullock’s press conference highlights market sensitivity to central bank commentary. Traders should pay close attention to Bullock’s remarks, as they could signal future monetary policy shifts. The absence of major expiries today means that volatility might be more directly influenced by her statements rather than scheduled events. If Bullock hints at a more dovish stance, we could see further weakness in the AUD, potentially testing key support levels. Conversely, any hawkish signals could trigger a rebound. Keep an eye on the AUD/USD pair for immediate reactions, especially if it approaches recent lows. This situation underscores the importance of monitoring central bank communications, as they can have outsized impacts on currency movements, especially in quieter trading environments.
📮 Takeaway
Watch the AUD/USD closely for reactions to Bullock’s comments; a dovish tone could push it towards recent support levels.





