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Australian dollar enters a week heavy with consequence

April 07 2026 4 mins

The week ahead is charged with consequence for global markets and the Australian dollar. Markets are being bombarded by mutually contradictory headlines - aggressive escalation rhetoric alongside ceasefire proposals. Through this noise, AUD has carved out a (fragile) pocket of stability. Intraday trade remains messy, but from 2 month lows near 0.6833 last week, the Australian dollar has edged back above 0.6900. This stability is not reassurance though. Pencil in wide ranges for AUD this week. The week also includes the local Feb household spending indicator, FOMC minutes, US Feb PCE/March CPI and an RBNZ OCR decision

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