{"id":690978,"date":"2026-05-24T06:40:42","date_gmt":"2026-05-24T06:40:42","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/690978\/"},"modified":"2026-05-24T06:40:42","modified_gmt":"2026-05-24T06:40:42","slug":"us-federal-reserve-rba-interest-rates-why-a-hot-us-economy-and-middle-east-conflict-weight-on-australian-dollar","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/690978\/","title":{"rendered":"US Federal Reserve, RBA interest rates: Why a hot US economy and Middle East conflict weight on Australian dollar"},"content":{"rendered":"<p>A red-hot US economy and a simmering war in Iran stand in the way of the Australian dollar hitting the highs that many strategists tipped at the start of the year, as the currency slipped below US72\u00a2.<\/p>\n<p>The Australian dollar sat at US71.06\u00a2 on Wednesday, having retreated further from <a href=\"https:\/\/www.afr.com\/chanticleer\/correction-feared-as-bonds-and-ai-wobbles-hit-fragile-markets-20260519-p5zyla\" rel=\"nofollow noopener\" target=\"_blank\">last week\u2019s risk-off rally<\/a> in which it fell three-quarters of a cent. It was the currency\u2019s largest single-day drop since mid-March.<\/p>\n<p>Loading&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"A red-hot US economy and a simmering war in Iran stand in the way of the Australian dollar&hellip;\n","protected":false},"author":2,"featured_media":690979,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[64,63,99,164],"class_list":["post-690978","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-au","tag-australia","tag-business","tag-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/690978","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=690978"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/690978\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/690979"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=690978"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=690978"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=690978"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}