• Aud/USD weakens when the American dollar strengthens sheltered demand in connection with the growing aversion to the risk driven by American tariff fears.
• Fed President Jerome Powell recognized the difficulty in assessing the wider inflation impact of the tariffs.
• The Australian dollar is in the face of pressure when traders again evaluate the RBA monetary policy after disappointing data from work.

Aud/USD remains under pressure on the second day in a row, floating around 0.6300 during Asian trade on Friday. The couple struggle with the strengthening of the US dollar (USD), supported by sheltered demand in connection with the growing aversion to the risk associated with the US tariff policy. Meanwhile, the profitability of bonds in the US falls when investors accumulate on treasures in response to economic and geopolitical uncertainties.

The chairman of the Federal Reserve (FED) Jerome Powell disregarded the inflationary influence of tariffs, calling it transient, but recognized the challenges related to the assessment of wider effects. While the risk of recession has increased, Powell suggested that they remain relatively low for now.

On the front of the data, the initial unemployed claims in the US increased to 223 thousand. In the week ending on March 15, there are slight estimates of 224 thousand. And exceeding the changed number of 221 thousand From the previous week (from 220 thousand). In addition, the production research in Philadelphia Fed for March softened 12.5 moms, down from February 18.1. This meant the second monthly inheritance, although the decline was less stern than the expected 8.5.

The Australian dollar (AUD) also stands in the face of the wind, when traders again assess the attitude of monetary policy Bank Reserve of Australia (RBA) after data on weaker tasks than expected. The Australian unemployment rate was at a constant level of 4.1%in February, but an unexpected decline in employment aroused concerns about the weakness of the labor market.

The report of the disappointing workplace fueled speculation that the softness on the labor market can ensure greater flexibility to reduce interest rates. However, the assistant of the Governor of the RBA Sarah Hunter noticed earlier this week that although the management board recognized the place to limit the restrictive policy – relying on a recent decision to facilitate – it remains more cautious than markets with additional rate reduction.