AUD/USD: RBA hike fails to lift Australian Dollar – ING

AUD/USD: RBA hike fails to lift Australian Dollar – ING

Source: EODHD - https://www.fxstreet.com/news/aud-usd-rba-hike-fails-to-lift-australian-dollar-ing-202609290728
Published: Sep 29, 2026 3:28 AM

ING’s Francesco Pesole reports the Reserve Bank of Australia (RBA) raised rates to 4.60% as expected, but AUD/USD fell below 0.700 as Governor Michele Bullock revealed policymakers had considered holding rates due to housing and global risks.

Market context: This update is relevant to AUD traders, with AUDUSD as the primary instrument to monitor for follow-through, trend continuation, or headline volatility.