Group 1 - The Australian dollar (AUD) is expected to rise for the eighth consecutive week, trading around 0.7112 against the US dollar (USD) [2] - The US Producer Price Index (PPI) data exceeded expectations, with a monthly increase of 0.5% compared to the forecast of 0.3%, and a year-on-year growth of 2.9% against the expected 2.6% [2] - Core PPI, excluding food and energy, rose by 0.8% month-on-month, significantly above the expected 0.3%, indicating persistent inflationary pressures in the US [2] Group 2 - The strength of the Australian dollar is supported by a weak US dollar and hawkish expectations from the Reserve Bank of Australia (RBA) [3] - The RBA is expected to pause interest rate hikes in March to assess the impact of the February increase, but major banks predict a 25 basis point hike in May, raising the cash rate to 4.10% [3] - Upcoming inflation data from Australia and the US manufacturing PMI will be crucial in influencing the AUD/USD exchange rate [3]
Vatee外汇:美国PPI数据高于预期,澳元汇率维持在0.71附近
Sou Hu Cai Jing·2026-02-28 03:32