The Australian Dollar (AUD) held steady against the US Dollar (USD) on Tuesday, trading at a relatively unchanged exchange rate following two days of gains. As traders position themselves ahead of Australia’s upcoming Consumer Price Index (CPI) report for October, expectations are building around the influence this data may have on the Reserve Bank of Australia’s monetary policy.
Market participants are particularly attentive to the CPI, which will provide critical insights into inflation trends and could affect speculation surrounding potential rate cuts from the Federal Reserve. As bets increase on a dovish shift from the Fed, the AUD/USD pair's movement may be influenced by the interplay of these domestic and international monetary policy expectations, shaping trading strategies in the days ahead.
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Data Source: FX Killer Analysis Team Updated: 2025-11-25 02:59
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.