Aussie Fails to Rally Despite Bullish Tailwinds. Forecast as of 11.08.2026

When a currency fails to move in the expected direction, it is more likely to head the other way. Unfortunately, neither the RBA's hawkish rhetoric nor the rallies in the S&P 500 and the yuan are providing much support for the AUD/USD pair. Let's take a closer look and develop a trading plan.Major Takeaways The RBA kept the cash rate at 4.35%. The AUD/USD is lagging behind the S&P 500 rally. US corporate earnings are fueling inflation. Weak CPI data could provide an opportunity to sell A