Jackson Hole Economic Policy Symposium

AUD/USD is trading near a three-month high after stronger-than-expected Australian inflation increased speculation that the Reserve Bank of Australia could raise rates before year-end. Traders are now focused on Federal Reserve Chair Kevin Warsh’s Jackson Hole speech, where any fresh signal on U.S. rates could determine whether the Aussie extends or stalls its advance.

AUD/USD is consolidating near recent multi-month highs as traders assess whether the pair can resume its broader advance after a modest pullback. U.S. inflation data, economic releases and Federal Reserve signals from Jackson Hole could decide whether the bullish setup extends or reverses sharply.

Gold and silver are entering the Jackson Hole Economic Policy Symposium with traders focused on U.S. debt, elevated yields and the Federal Reserve’s policy flexibility. Market participants are watching whether a move through key technical levels could revive momentum across hard assets.

Spot gold advanced as a weaker dollar and softer rate expectations continued to support the market. Traders now face a key sequence of catalysts, with PCE inflation data due before Fed Chair Kevin Warsh speaks at Jackson Hole.

AUD/USD advanced to its highest level since early June as improving risk appetite supported the growth-sensitive Australian dollar. Traders are watching whether momentum can carry the pair toward 0.7165 or whether support near 0.7130 and 0.7095 to 0.7090 comes back into focus.

AUD/USD climbed to its highest level since early June in early Friday trade, supported by stronger risk appetite and renewed pressure on the U.S. dollar. Traders are watching whether momentum can extend toward 0.7165 or whether the pair retreats toward nearby support zones.