# AUD/USD rises on strong AU CPI and dovish FOMC outlook | IG Bank Switzerland

> AUD/USD gained 1.45% in the week to its close at 0.6550 after Australia's October consumer prices rose 3.8% year on year, above forecasts. Markets priced in a modest chance of an RBA rate hike and the Fed was widely expected to cut rates on December 10. The Australian dollar and other risk currencies rallied.

- Date: 2025-12-01 · published 2025-12-01T12:00:00.000Z
- Category: macro · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/21770-aud-usd-rises-on-strong-au-cpi-and-dovish-fomc-outlook-ig-bank-switzerland
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

A hot inflation print shifts rate expectations toward RBA hikes and a weaker US dollar, which supports the Australian dollar. The implication for feed grain and meal prices is minor.

## Read by commodity

- AUDUSD: bullish ▲

## Sources

- ig.com: https://www.ig.com/en-ch/news-and-trade-ideas/AUD-USD-rises-on-strong-AU-CPI-and-dovish-FOMC-outlook-251201

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