Published on: 2025-10-16
The Australian dollar slipped on Thursday as the Sino-US trade war sapped investor sentiment, while growing confidence of the Fed cutting its policy interest rate this year also weighed on the greenback.
Australia's unemployment rate spiked unexpectedly to a near four-year high in September as more people went looking for work, a weak result that revived hopes for more policy easing.
Traders ramped up bets for a rate cut from the RBA in November to 72%. Prospects for more easing had faded as policymakers fret about sticky inflation and a rebound in consumer spending.
The country's goods trade surplus experienced a significant contraction in August, well short of market expectations. Gold set to become the second-biggest resource earner after iron ore this financial year.
Adding to headwinds, China's real estate market is expected to fall more sharply than expected in 2025, extending an industry slump for a fifth-straight year, S&P Global Ratings said in a report last week.
Higher US tariffs have so far had a smaller impact globally than expected, but it would be "premature and incorrect" to conclude they have had no effect on economic growth, according to the IMF.
The Australian dollar peaked around 0.67 in late September, before tumbling below 50 SMA. The downtrend is likely to continue, but 200 SMA is expected to stem the potential decline.
As of market close on 15 October, among EBC products, Morgan Stanley and VanEck Junior Gold Miners ETFs led gains. Bank stocks continued to surprise positively in their Q3 earnings reports.
Morgan Stanley's earnings beat expectations by the largest margin in nearly five years on booming equities trading, investment banking and wealth management results.
Gold surged past $4,200 per ounce to reach a new all-time high, propelling shares in junior gold mining companies higher. Fed Chair Powell's latest remarks suggested two further interest rate cuts may occur by year-end.
Disclaimer: This material is for general information purposes only and is not intended as (and should not be considered to be) financial, investment or other advice on which reliance should be placed. No opinion given in the material constitutes a recommendation by EBC or the author that any particular investment, security, transaction or investment strategy is suitable for any specific person.
EBC Financial Group is a co-brand shared by a group of entities
including:
EBC Financial Group (SVG) LLC is authorized by the St.Vincent and the
Grenadines Financial Services Authority(SVGFSA),and the company
registration number is 353 LLC 2020, with registered address at Euro
House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the
Grenadines.
Other Relevant Entities
EBC Financial Group (UK) Limited is authorised and regulated by the
Financial Conduct Authority. Reference Number: 927552. Website: www.ebcfin.co.uk
EBC Financial Group (Cayman) Limited is licensed and regulated by the
Cayman Islands Monetary Authority (Number: 2038223). Website:
www.ebcgroup.ky
EBC Financial (MU) Limited is licensed and regulated by the the
Financial Services Commission, Mauritius (License Number GB24203273)
with registrated address at 3rd Floor, Standard Chartered Tower,
Cybercity, Ebene, 72201, Republic of Mauritius. Website for this entity
is maintained separately.
EBC Financial Group (Comoros) Limited is authorised by The Autonomous
Island of Anjouan, Union of Comoros Offshore Finance Authority with
License number L 15637/EFGC, with registered office address at Hamchako,
Mutsamudu, Autonomous Island of Anjouan, Union of Comoros.
EBC Financial Group (Australia) Pty Ltd (ACN: 619 073 237) is authorised
and regulated by the Australian Securities and Investments Commission
(Number: 500991). EBC Financial Group (Australia) Pty Ltd is a related
entity of EBC Financial Group (SVG) LLC. The two entities are managed
separately. The financial products and services offered on this website
are NOT provided by the Australian entity and no recourse against the
Australian entity is available.
EBC Group (Cyprus) Ltd, faciliates payment services to the licensed and
regulated entities within the EBC Financial Group strucutre, registered
under the Companies Law of Republic of Cyprus with the number HE 449205,
registered office address at 101 Gladstonos, Agathangelou Business
Centre, 3032 Limassol, Cyprus.
Business Address: The Leadenhall Building, 122 Leadenhall Street, London, United Kingdom, EC3V 4AB. Email Address :cs@ebc.com . Telephone : +44 20 3376 9662
Regional Restrictions:
EBC does not offer any services to citizens and residents of certain
jurisdictions including: Afghanistan, Belarus, Burma (Myanmar), Canada,
Central African Republic, Congo, Cuba, Democratic Republic of the Congo,
Eritrea, Haiti, Iran, Iraq, Lebanon, Libya, Malaysia, Mali, North Korea
(Democratic People's Republic of Korea), Russia, Somalia, Sudan, South
Sudan, Syria, Ukraine (including Crimea, Donetsk, and Luhansk Regions),
the United States, Venezuela, and Yemen.
Any Spanish on this website is for LATAM only and is not designated for
anyone in European Union or Spain For more information, please check out
our FAQs.
Any Portuguese on this website is for Africa only, and is not designated
for anyone in European Union or Portugal or Brazil. For more
information, please check out our FAQs.
Compliance Disclosure：The website can be accessed globally and is not specific to any entity. Your actual rights and obligations will be determined based on the entity and jurisdiction that you choose to be regulated.There may be local laws and regulations which prohibit or limit your rights to access, download, distribute, disseminate, share or otherwise use any or all of the documents and information published on this website.
Risk Warning: Trading Contracts for Difference (CFDs) are complex financial instruments and come with a high risk of losing money rapidly due to leverage. Trade on margin carries a high level of risk and may not be suitable for all investors. Before deciding to trade Forex and CFDs, you should carefully consider your trading objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial trading capital. We recommend that you seek independent advice and ensure you fully understand the risks involved before making any investment decision. Please read the relevant risk disclosure statements carefully before trading.
