AUD/USD breaks out of multi-month range – Société Générale

AUD/USD has broken out of its recent range, with support around 0.6650–0.6720 holding the key for continued upward momentum, Société Générale's FX analysts note.

Uptrend momentum signals further gains for AUD/USD

"AUD/USD has recently broken out of its multi‑month range highlighting possibility of extension in its uptrend. The December high and the recent pivot low at 0.6720/0.6650 is likely to act as short‑term support. Defence of this zone may lead to further upside."

"The daily MACD remains anchored in positive territory, indicating prevalence of upward momentum. AUD/USD appears poised to head higher gradually towards next projections at 0.6855/0.6870, and perhaps even towards the 2024 high near 0.6940."

Jan 22, 2026

TRY: CBT seen cutting rates by 150bp as easing cycle continues – ING

Turkey’s central bank (CBT) is expected to deliver a 150bp rate cut at today’s MPC meeting, with markets focused on whether policymakers signal scope to maintain that pace in coming months, ING's FX analyst Frantisek Taborsky notes.

NATO Secretary General Rutt: NATO allies to increase Arctic security

North Atlantic Treaty Organization (NATO) Secretary General, Mark Rutte, said during European trading hours on Thursday that negotiations on Greenland will continue between the United States (US), Greenland, and Denmark.