Bitcoin 
Ethereum 
Tether 
BNB 
XRP 
USDC 
Solana 
TRON 
Lido Staked Ether 
Figure Heloc 
RBA decision: Case rate set at 3.60% vs 3.60% expectedRBA’s Bullock: Discussed circumstances in which we might have to tightenFull text of the RBA decision on Dec 9, 2025Australian November NAB business conditions +7 vs +9 priorUK BRC November retail sales +1.2% y/y vs +1.5% priorTrump threatens Mexico tariffs due water treaty violationsMarkets:Gold flatWTI crude oil down 21-cents to $58.67US 10-year yields up 0.4 bps to 4.17%S&P 500 futures up 0.1%Nikkei up 0.2%AUD leads, CHF lagsThe RBA decision was the main event of the day and it put some life into the FX market. The kneejerk was lower in AUD/USD but only for a minute as it quickly rebounded to 0.6625. The market was perhaps looking for more of a hawkish signal that wasn’t there in the statement but it certainly appeared with Bullock, who said the board envisioned staying on a long pause or hiking and that cuts weren’t envisioned. She also singled out the upcoming meeting in February as one where they will be looking carefully at inflation data, though the market still only sees a 25% chance of a hike.Further out, we now have nearly 2 rate hikes priced in for 2026 and that’s led to a climb in AUD/USD to 0.6640, about 20 pips above the levels before she spoke.Elsewhere, we are seeing some USD/JPY strength kick in as the pair trips stops above 156.00 and touches the best levels since Dec 2. Notably, that Dec high of of 156.18 is in range and Treasury yields are higher again.Aside from that, the ranges have been tight in FX and global equities. Gold perked up earlier but couldn’t get through $4200 and has now slipped to $4185.
This article was written by Adam Button at investinglive.com.
💡 DMK Insight
The RBA’s decision to maintain the cash rate at 3.60% is a signal of cautious optimism, but traders should be wary of potential tightening ahead. With the RBA’s Bullock indicating discussions around future rate hikes, this could create volatility in the AUD/USD pair. The recent NAB business conditions index dropping to +7 from +9 suggests a cooling sentiment in the Australian economy, which could weigh on the Aussie dollar. Traders should keep an eye on the upcoming economic indicators, especially any shifts in consumer sentiment or inflation data, as these will likely influence the RBA’s next moves. Additionally, the UK retail sales growth slowing to +1.2% y/y from +1.5% could have ripple effects on global markets, particularly if it signals a broader trend in consumer spending. Watch for the AUD/USD to test key support levels around 0.6400, as any negative surprises in economic data could lead to a breakdown. Conversely, a strong rebound in business conditions could provide a bullish case for the Aussie, making this a critical time for traders to monitor economic releases closely.
📮 Takeaway
Keep an eye on AUD/USD around the 0.6400 level; upcoming economic data could trigger significant volatility.
