# AUD/USD Outlook: Inflation Shifts RBA Bets, But Tech Earnings Drive the Aussie | Investing.com AU

> AUD/USD held elevated despite softer-than-expected Australian inflation, as traders trimmed RBA hike odds but kept three hikes priced for the year. Analysts said risk sentiment and US tech earnings were now the main drivers of the Aussie.

- Date: 2026-04-29 · published 2026-04-29T12:00:00.000Z
- Category: market · region Australia · magnitude low
- Page: https://feedsoft.ai/events/19975-aud-usd-outlook-inflation-shifts-rba-bets-but-tech-earnings-drive-the-aussie
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

With the currency driven by risk sentiment rather than rates, the move has little direct effect on feed commodity prices, though a firmer AUD can marginally weigh on Australian export competitiveness.

## Sources

- au.investing.com: https://au.investing.com/analysis/audusd-outlook-inflation-shifts-rba-bets-but-tech-earnings-drive-the-aussie-200613491

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.