Why the Aussie Dollar Falls in October Even After RBA Hikes

Australian dollar seasonality shows October losses in eight of the last ten years, as the Aussie slides despite the RBA's fourth hike. Matt Simpson, StoneX Media Market Analyst, explains how traders read the RBA's fourth hike and how October seasonality lines up across the Aussie crosses. The Reserve Bank of Australia has lifted rates by 100 basis points this cycle, but rising unemployment and falling house prices leave another hike this year uncertain. The Australian dollar is falling faster against the U.S. dollar than the New Zealand dollar, keeping AUD/NZD in an uptrend, while yen intervention shapes AUD/JPY. Discover Actionable Insights with the latest Market Outlook Reports: https://intel.stonex.com/offer?language=en&campaignId=A908C315-DC62-4F35-AC16-870BB71E84D1&utm_source=youtube&utm_medium=social&utm_campaign=sxtv_guest_matt_simpson&utm_content=share 00:00 - RBA's Fourth Hike Lands Softly 00:41 - Aussie Averages Mask October 01:35 - Every Aussie Cross Pulls Back 01:55 - AUD/NZD Uptrend Stays Dominant 02:28 - AUD/JPY and the Yen Wildcard 03:05 - AUD/USD Bears Meet Range Lows Like and subscribe for more financial market insights. #AUDUSD #StoneX #MattSimpson #RBA --------- Like this video? Subscribe and turn on notifications so you don't miss any videos from StoneX: https://www.youtube.com/@StoneX_Official Visit https://www.stonex.com/en/insights/thought-leadership/?utm_source=youtube&utm_medium=social for insights, perspectives and thought leadership from StoneX's global network of experts. Visit our website: https://www.stonex.com?utm_source=youtube&utm_medium=social