{"id":316560,"date":"2026-02-25T13:55:09","date_gmt":"2026-02-25T13:55:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/316560\/"},"modified":"2026-02-25T13:55:09","modified_gmt":"2026-02-25T13:55:09","slug":"lifted-by-higher-than-expected-inflation","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/316560\/","title":{"rendered":"Lifted by higher than expected inflation"},"content":{"rendered":"

AUD\/USD<\/p>\n

AUDUSD jumped to two-week high (0.7116) in early Wednesday\u2019s trading following release of Australian CPI data.<\/p>\n

Inflation remained elevated and unchanged in January compared to previous month (3.8%; Core 3.4% – the highest in 16 months) beating forecasts (3.3%; Core 3.7%) and boosting bets for another rate hike, after the RBA raised interest rates<\/a> by 25 basis points to 3.85% earlier this month, reversing its path after three rate cuts in 2025.<\/p>\n

January numbers contribute to the central bank\u2019s expectations that inflation would rise to 4.2% in the first six months of this year (Core inflation was expected to accelerate to 3.7%), as economic growth gains pace and the labor market remains tight.<\/p>\n

However, subsequent relatively dovish comments from RBA Governor Bullock<\/a> (signal that the RBA will likely stay on hold in March policy meeting) poured cold water on fresh bulls and pushed the price lower, to reverse about 50% of post-data advance.<\/p>\n

Technical picture on daily chart remains bullish overall, as the price action holds in extended consolidation under new three-year high (0.7147).<\/p>\n

Broader bullish structure is expected to remain intact while the price stays above 0.70 zone (psychological\/recent range floor\/near 50% retracement of 0.6896\/0.7147 upleg).<\/p>\n

On the other hand, loss of 0.70 handle would put immediate bulls on hold for deeper pullback that would unmask next trigger at 0.6870 (Feb 6 higher low).<\/p>\n

Res: 0.7116; 0.7147; 0.7207; 0.7265.
Sup: 0.7043; 0.7000; 0.6975; 0.6896.<\/p>\n

\"Chart\"<\/p>\n","protected":false},"excerpt":{"rendered":"AUD\/USD AUDUSD jumped to two-week high (0.7116) in early Wednesday\u2019s trading following release of Australian CPI data. Inflation…\n","protected":false},"author":2,"featured_media":271215,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[72,113,61,60],"class_list":{"0":"post-316560","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-economy","10":"tag-ie","11":"tag-ireland"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/316560","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=316560"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/316560\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/271215"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=316560"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=316560"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=316560"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}