Headline: AUD/USD consolidates below three-year highs ahead of key CPI data release. �

FXStreet

Summary:

• The Australian Dollar steadied near 0.7060, with the AUD/USD pair trading in a narrow range just under its three-year peak as markets anticipate the upcoming Consumer Price Index (CPI) report. �

• The Reserve Bank of Australia (RBA) recently raised the cash rate by 25 basis points to 3.85%, and markets are pricing in further tightening if inflation stays above target. �

• Traders appear cautious with price action indecisive ahead of crucial inflation data, which could influence future RBA and U.S. Federal Reserve expectations. �

• Recent options market signals have turned more defensive, showing traders are hedging risk around key U.S. jobs and inflation releases. �$AUD $AUD #AU #TrumpNewTariffs #TokenizedRealEstate #BTCMiningDifficultyIncrease #WhenWillCLARITYActPass