Today's session is marked by numerous speeches from central bank representatives (RBA, ECB, Fed, and Bundesbank), which may trigger elevated volatility in foreign exchange markets. In the spotlight were comments from RBA Governor Bullock, who highlighted inflation risks stemming from the Middle East and demand pressure driven in part by the artificial intelligence sector. In addition, markets are tracking geopolitical and energy news. In the fundamental data calendar, key releases will include UK public sector net borrowing and consumer confidence indicators for the Eurozone. The Australian currency pair remains in a clear uptrend, which has continued uninterrupted since the March 2025 low near 0.5890 and is supported by an ascending trendline.
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