# All Eyes on the RBA as Fed Fallout Continues | Forex trading, free forex education | Forex.ca

> Forex.ca reports the Australian dollar is bearish ahead of the RBA meeting, citing weak PMI data that fell to 45.3 and above-target CPI. The article notes the RBA may reduce or end its asset purchase program, with a rate hike not expected until around June.

- Date: 2022-01-29 · published 2022-01-29T12:00:00.000Z
- Category: macro · region Australia · magnitude low
- Page: https://feedsoft.ai/events/43386-all-eyes-on-the-rba-as-fed-fallout-continues-forex-trading-free-forex-education
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

A hawkish RBA shift would support the Aussie and reduce the cost of Australian exports, while the outlook for Australian wheat and other commodity exports depends on currency and demand conditions.

## Read by commodity

- AUDUSD: bearish ▼

## Sources

- forex.ca: http://www.forex.ca/all-eyes-on-the-rba-as-fed-fallout-continues/

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