The Australian dollar rose after Reserve Bank of Australia Governor Bullock delivered a slightly hawkish speech

• Due to the hawkish sentiment of the Governor of the Reserve Bank of Australia, Michelle Bullock, the Australian dollar rose.
• Australian chief policy maker Brock stated that the focus of the Reserve Bank of Australia is to support Australia's strong labor market.
• China has lifted restrictions on three meat suppliers in Australia.
• Federal Open Market Committee (FOMC) Starting a two-day policy meeting, it is expected that interest rates will not change.

Australian dollar（AUD）After significant fluctuations on the previous trading day, it remained stable on Tuesday.ANZ Bank-Roy Morgan Australian Consumer Confidence Weekly Survey from the previous week 76.4 Ascend to 80.8Coincidentally, the Reserve Bank of Australia (RBA) Maintain the interest rate unchanged at last week's annual meeting.In addition, Western Pacific Bank (Westpac) 12 The monthly consumer confidence index has decreased from the previous level 2.6% Ascend to 2.7%。

Australia's chief policy maker and Reserve Bank of Australia Governor Michelle Bullock expressed confidence, saying, "Don't think we're falling behind in fighting inflation Block emphasized a cautious attitude, closely monitoring data, and emphasized the commitment of the Reserve Bank of Australia to maintaining employment growth.The purpose of the central bank is to prevent inflation expectations from getting out of control.

China has lifted restrictions on Australian meat imports and lifted suspensions on three meat suppliers.This positive development has the potential to boost market sentiment and become a driving force for the Australian dollar.However, concerns about China's deflation have triggered a selling trend in the Australian dollar.

In the United StatesBond yieldSupported by the strengthening trend, the US dollar index remains strong.Strong employment data in the United States boosted the US dollar, giving the Australian dollar a boost/The US dollar brings downward pressure.The strengthening of the US dollar often suppresses investors' interest and poses resistance to the currency pair.

Federal Open Market Committee（FOMC）Starting from Tuesday, it will last for two daysmonetary policyIt is widely expected that there will be no changes in interest rates during this conference.Market participants will closely monitor the statement and look for signals that interest rates may be adjusted next year.We will also pay attention to the United States on Tuesday 11 Monthly consumer price index (CPI) Report, providing insights into potential monetary policy paths.