The Australian dollar rose toward $0.67 on Monday, snapping a three-session losing streak as markets continued to anticipate a Reserve Bank cash rate hike later this year. RBA Deputy Governor Andrew Hauser recently said inflation remains “too high,” suggesting the easing cycle may have run its course. Last month, RBA Governor Michele Bullock warned that the next policy move could be a rate hike after inflation once again exceeded the RBA’s 2–3% target band. These hawkish comments were digested alongside data showing household spending rose 1% month-on-month in November 2025, easing from October’s 1.4% gain but surpassing forecasts of a 0.6% increase. Meanwhile, ANZ-Indeed Australian Job Ads fell 0.5% month-on-month in November, marking the sixth consecutive monthly decline. Externally, the Aussie dollar was supported by a weaker greenback amid reports of a criminal investigation into Fed Chair Powell, while US nonfarm payrolls fueled expectations of further policy easing this year.