# Australian Dollar Outlook: AUD/USD Bears Eye March Low as US CPI Looms

> The Australian dollar came under pressure after the Reserve Bank of Australia’s rate hike was seen as less hawkish than expected, while a stronger US dollar and risk-off trading added to the decline. Markets were watching US CPI and producer-price data for clues about the Federal Reserve’s next rate decision.

- Date: 2026-11-08 · published 2026-11-09T03:10:47.241Z
- Category: macro · region Australia, United States · magnitude low
- Page: https://feedsoft.ai/events/88560-australian-dollar-outlook-aud-usd-bears-eye-march-low-as-us-cpi-looms
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

Stronger US inflation could bolster expectations of further Fed hikes and support the US dollar, keeping AUD/USD under pressure. A softer inflation reading could prompt short covering in the Australian dollar.

## Read by commodity

- AUDUSD: bearish ▼

## Sources

- forex.com: https://www.forex.com/en-us/news-and-analysis/australian-dollar-outlook-aud-usd-bears-eye-march-low-as-us-cpi-looms/

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