Aussie dollar volatile after US Fed signals rates likely to rise | Finance Report | ABC NEWS

The ASX 200 fell by 0.6 per cent after the presidents of the US and Iran signed a memorandum of understanding aimed at ending their months-long war.
It was also a volatile day for the Australian dollar after new Federal Reserve chairman Kevin Warsh delivered his first interest rate decision - which was surprisingly "hawkish" and appeared to indicate the US rates are now more likely to rise this year. Presented by David Chau.

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Read more here: https://www.abc.net.au/news/2026-06-18/biz-market-blog-18-6-2026-asx-to-open-down/106811928

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