AUD/USD Forecast: Aussie Finds Buyers as Falling US Yields Support Risk Appetite – 21 May 2026
AUD/USD remains supported by softer US yields, RBA hawkishness, and commodity strength, with dips still favored while price holds above recent lows.

AUD/USD remains supported by softer US yields, RBA hawkishness, and commodity strength, with dips still favored while price holds above recent lows.
Gold is looking to build on the previous recovery from seven-week lows of $4,454 early Thursday, with buyers eyeing a retest of the $4,600 threshold amid positive risk sentiment.
Nvidia (NVDA) has now beaten Wall Street in something like 18 of its last 20 quarters, and for three reports running, the stock has been sold off on reaction anyway.
The Indian Rupee´s weakness is no news. The INR has been under strong selling pressure for pretty much a year, with the bearish trend kicking off in April 2025 and gaining momentum in February 2026.
NZD/USD remains under pressure as rising US yields support the dollar, with 0.58 as the key floor and 0.5950 as resistance on any rebound.
Gold continues to struggle as rising US yields pressure non-yielding assets, with bulls needing a move back above $4,600 and lower rates to regain momentum.