Australian Dollar underperforms as RBA rate hike fears wane - TMGM

Australian Dollar slips below 0.7000 as Fed repricing lifts USD - TMGM

Australian dollar hits two-month low on US rate fears - MSN

Australian dollar under pressure say analysts as RBA rate-hike cycle seen nearing its end

AUD faces headwinds above 0.72 as RBA signals pause, TD warns

The Australian dollar (AUD) is likely to face significant resistance above 0.72 against the US dollar, primarily due to a dovish shift in the Reserve Bank of Australia's (RBA) messaging and external economic pressures. Per the full note from TD Securities, the RBA's recent 25 basis point hike to 4.35% was accompanied by a cautious outlook, suggesting a pause in future rate increases unless inflation data exceeds expectations. This dovish pivot, combined with geopolitical risks from the Middle East, casts doubt on the AUD's ability to sustain gains above 0.72, especially given the strong performance of the US dollar supported by hawkish Federal Open Market Committee (FOMC) signals.