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The Australian dollar ticked higher after Q1 CPI came in slightly above forecasts, while the trimmed mean core measure slowed to 2.9%. Markets remain fully priced for a 25 basis point cut at the May 20 RBA meeting.
Inflation within target strengthens the case for a single rate cut rather than a deeper easing cycle, which limits downside pressure on the Aussie. The currency impact is modest for feed markets.
tradingview.comApr 30, 2025Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
