The AUD/USD currency pair slipped below the 0.6700 level, trading around 0.6680 during Thursday's Asian session. This decline follows a brief uptick in the previous trading session, driven by a release of Australia’s Consumer Inflation Expectations, which indicated a decrease in inflation outlook. The market reacted swiftly, pushing the exchange rate lower as traders adjusted their positions.
The easing inflation expectations could signal a more cautious approach from the Reserve Bank of Australia, leading to speculation about future monetary policy adjustments. As the Australian dollar loses ground against the USD, traders will closely monitor upcoming economic indicators to gauge potential direction and volatility in the AUD/USD exchange rate. With the pair currently in a downward trajectory, attention will shift to key resistance levels that may influence future trading activities.
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Data Source: FX Killer Analysis Team Updated: 2026-01-15 05:25
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.