# AUD/USD Forecast: Domestic Inflation Tests The Case For Further RBA Hikes

> The Australian dollar ended Friday at 0.7032 and faces resistance near 0.7050, with Crédit Agricole expecting the RBA to lift the cash rate to 4.85% on Tuesday. Trimmed-mean inflation rose 1.0% in the September quarter, supporting the case for tightening.

- Date: 2026-11-02 · published 2026-11-03T00:10:31.799Z
- Category: macro · region Australia · magnitude low
- Page: https://feedsoft.ai/events/76433-aud-usd-forecast-domestic-inflation-tests-the-case-for-further-rba-hikes
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

Stronger domestic inflation and a hawkish RBA support the AUD, which affects Australian export competitiveness for grains and meat. Weaker risk appetite could cap gains.

## Read by commodity

- AUDUSD: neutral

## Sources

- exchangerates.org.uk: https://www.exchangerates.org.uk/news/47641/2026-11-02-aud-usd-forecast-domestic-inflation-tests-the-case-for-further-rba-hikes.html

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