The services sector PMI for Australia in September stands at 50.5, up from 47.8 in August. However, the manufacturing sector PMI has declined to 48.2 from 49.6. In terms of the Composite PMI, it has also increased from 48.0 to 50.2, indicating improved signals for the country's economy.

The RBA has kept interest rates unchanged at 4.1%, but there is a tendency to increase them if necessary. The Fed, on the other hand, has announced its intention to raise interest rates again this year, despite keeping them steady for now.

Investors are awaiting Core PCE data from the United States to gauge further signs of inflationary pressure. The DXY has been continuously rising, driven by market expectations before the release of economic data from the United States.

Furthermore, comments from the Fed Chairman, Jerome Powell, and the Chair of the Federal Reserve, Michelle Bowman, suggest that a stronger interest rate hike is possible, emphasizing the need for a more aggressive rate increase to control inflation. Higher interest rates may exert pressure on the AUD/USD.