AUDUSD Breaks 0.70 Barrier: Inflation and China’s Policy Shift Driving Aussie Surge
Over the past three trading days, AUDUSD has shown remarkable strength, climbing from around 0.6930 to an intraday high of 0.7090, with yesterday’s close at 0.70475. The pairing’s rally is fueled by robust Australian inflation data alongside China’s property market policy adjustments, which have boosted demand for the Aussie. Simultaneously, a dovish Fed has weakened the US dollar, providing additional tailwinds. This confluence of fundamental drivers is mirrored in a clear bullish technical setup, making AUDUSD an attractive opportunity for both active traders and long-term investors. In short, inflation data and geopolitical pivots have been the catalyst behind the recent price surge and will continue to shape the AUDUSD trading outlook.


