# Forex Today: The RBA, US hard data and EMU flash CPI come to the fore

> The US dollar index regained ground to about 104.40 on tariff fears and risk-off sentiment. AUD/USD fell to around 0.6230, a four-week low. Markets awaited the RBA decision, expected to keep its cash rate at 4.10%, along with US and euro-area data.

- Date: 2025-03-31 · published 2025-03-31T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/25849-forex-today-the-rba-us-hard-data-and-emu-flash-cpi-come-to-the-fore
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A stronger dollar and tariff-driven risk aversion put downward pressure on the AUD and tend to weigh on dollar-priced commodity demand from Australia-linked markets.

## Read by commodity

- DXY: bullish ▲
- AUDUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2024-01-31 | [Forex Today: The US labour market comes to the fore](https://feedsoft.ai/events/32035-forex-today-the-us-labour-market-comes-to-the-fore.md) | +0.3% | +0.4% |
| DXY | 2017-06-15 | [USD extends gains across the board after the data and - Forex Crunch](https://feedsoft.ai/events/10198-usd-extends-gains-across-the-board-after-the-data-and-forex-crunch.md) | +1.1% | -0.5% |
| DXY | 2020-03-17 | [COVID-19 and the US dollar](https://feedsoft.ai/events/54308-covid-19-and-the-us-dollar.md) | +4.3% | +1.3% |
| DXY | 2019-04-29 | [Dovish Fed unlikely to derail the run in US dollar - TDS - Forex Crunch](https://feedsoft.ai/events/59764-dovish-fed-unlikely-to-derail-the-run-in-us-dollar-tds-forex-crunch.md) | -0.2% | +0.5% |
| DXY | 2024-06-13 | [EUR/USD declines as the Fed's hawkish narrative outweighs soft US CPI and PPI report](https://feedsoft.ai/events/29982-eur-usd-declines-as-the-fed-s-hawkish-narrative-outweighs-soft-us-cpi-and-ppi.md) | +0.3% | -1.1% |

## Sources

- mitrade.com: https://www.mitrade.com/au/insights/news/live-news/article-6-730472-20250401

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