it been a bad year for AUD

September retail sales figures, due out on Monday, will provide the Aussie Dollar with direction.

The market focus will then shift to the RBA. While the markets are not expecting a rate cut on Tuesday, the rate statement will need considering.

Hawkish chatter has continued to provide support to the Aussie Dollar, so anything dovish would weigh heavily.

In the 2nd half of the week, September trade data due out on Thursday will also influence ahead of the RBA’s monetary policy statement due out on Friday.

We would expect September home loan figures due out on Friday to have a muted impact on the day.

From elsewhere, expect private sector PMIs from the U.S and PMI numbers out of China to also influence.