# What will guide AUD/USD this week (event risk for the Australian dollar)

> A CBA preview says AUD/USD will be guided by Australia's March CPI report, with underlying inflation expected to rise 0.5% and annual growth to reach 2.0%. Strong Australian terms of trade, estimated to have risen 3.5-4% in Q1, provide fundamental support.

- Date: 2018-04-23 · published 2018-04-23T12:00:00.000Z
- Category: macro · region Australia · magnitude low
- Page: https://feedsoft.ai/events/65762-what-will-guide-aud-usd-this-week-event-risk-for-the-australian-dollar
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

Expected inflation data and strong terms of trade underpin the Australian dollar, but weak wage growth presents downside risk; the story has limited direct effect on feed commodity prices.

## Read by commodity

- AUDUSD: neutral

## Sources

- investinglive.com: https://investinglive.com/news/!/what-will-guide-audusd-this-week-event-risk-for-the-australian-dollar-20180423

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