- Aud/USD decreases to almost 0.6220, because the gentle Australian CPI data increased RBA DOVISH.
- Australian CPI increased 2.4% in the last quarter of 2024 from year to year.
- The Fed will certainly announce a pause in the current political spell.
The Aud/USD pair drops rapidly to nearly 0.6220 in Wednesday’s European session. The Australian couple faces acute sales pressure when the Australian dollar (AUD) weakens around the world after the release of gentle than gentle data of Australian consumer price indicators (CPI), which fueled plants supporting the Australian reserve bank (RBA) to start lowering interest rates from Politics meetings in February.
Australian dollar price today
The table below shows a percentage change in the Australian dollar (AUD) compared to the stock exchange of the main currencies. The Australian dollar was the strongest in relation to the dollar of New Zealand.
| USD | EUR | GBP | JPy | BOOR | Aud | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | 0.25% | 0.16% | -0.08% | 0.17% | 0.42% | 0.35% | 0.20% | |
| EUR | -0.25% | -0.09% | -0.32% | -0.09% | 0.17% | 0.12% | -0.05% | |
| GBP | -0.16% | 0.09% | -0.25% | 0.00% | 0.26% | 0.20% | 0.04% | |
| JPy | 0.08% | 0.32% | 0.25% | 0.24% | 0.50% | 0.42% | 0.28% | |
| BOOR | -0.17% | 0.09% | -0.01% | -0.24% | 0.25% | 0.19% | 0.04% | |
| Aud | -0.42% | -0.17% | -0.26% | -0.50% | -0.25% | -0.06% | -0.22% | |
| NZD | -0.35% | -0.12% | -0.20% | -0.42% | -0.19% | 0.06% | -0.16% | |
| CHF | -0.20% | 0.05% | -0.04% | -0.28% | -0.04% | 0.22% | 0.16% |
The heat map shows percentage changes in the main currencies towards each other. The basic currency is collected from the left, and the quote currency is collected from the upper order. For example, if you choose the Australian dollar on the left column and move along the horizontal line to the American dollar, the percentage shift displayed in the field will represent the Aud (base)/USD (quote).
Australian Bureau of Statistics has announced that inflationary pressure increased at a constant pace of 0.2% in the last quarter of 2024 in the sequence, slower than 0.3% estimates. In comparison with the same quarter of the previous year, inflation increased at a slower pace by 2.4% by 2.5% and 2.8% boost in the third quarter of 2024. However, the monthly CPI increased by 2.5% in faster pace in faster December, as expected, compared to 2.3%boost in November, but is essentially in the RBA range of 2%-3%.
Soft Australian inflationary data increased market expectations that RBA will cut the basic principles at the next political meeting.
Meanwhile, deepening the fears that the President of the United States (USA) Donald Trump will impose 10% of the tariff on China, he also stopped the Australian dollar at the feet, being the leading trade partner of China. On Tuesday, the press secretary of the White House Karoline Leavitt announced that the president “has been very considering 10% tariffs on China” from February 1.
On the front of the American dollar (USD), investors are waiting for the decision of the Federal Reserve Monetary Policy (FED), which will be announced at 19:00 GMT. It is widely expected that the FED will maintain interest rates in the range of 4.25%-4.50%.
