Read more
10:07 AM · 24 April 2024

Chart of the day: AUDUSD (24.04.2024)

The Australian dollar is the best performing currency in the broad FX market today on the back of a higher-than-expected CPI inflation reading. Inflation rose 3.6% year-on-year in the first quarter, stronger than the 3.4% result the market was expecting. Continued upward pressure on the price of goods and services in the economy is modifying market assumptions about the path of interest rates in Australia. 

Inflation on a quarterly basis rose from 0.6% in Q4 to 1.0% in Q1. Measures of core inflation, which the RBA closely tracks, also showed signs of rising price pressures: the weighted average accelerated from 0.9% to 1.1% q/q

In view of the ABS's hawkish inflation report, the implied curve of the interest rate path was significantly modified. The market is assuming a clearly more conservative attitude of bankers regarding possible rate cuts. 

Source: Bloomberg Financial LP

The AUDUSD pair today tested the barrier of the 200-period EMA (golden curve), which in the past has been a rather important control point for the pair's quotations. Source: xStation 5


 

 

10 April 2026, 5:38 PM

Three Markets to Watch in the Week Ahead (10.04.2026)

10 April 2026, 1:33 PM

BREAKING: US CPI higher, but below expectations! 🚨

10 April 2026, 6:34 AM

Economic Calendar – Key U.S. Inflation Data (April 10, 2026)

10 April 2026, 6:01 AM

Morning Wrap: Markets Still Cling to Peace Hopes as Iran Sends Mixed Signals (10.04.2026)

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits