Could Australia’s CPI Ignite Explosive Moves in AUD/CHF and AUD/CAD?

So, here we are again—waiting with bated breath to see if the RBA’s got one more interest rate hike left in the tank this May. You ever wonder if inflation’s like that stubborn guest who just won’t leave the party, even before energy prices decided to crash the scene thanks to global tensions? Well, Australia’s CPI numbers might just give us that final nudge. Meanwhile, I’m eyeballing AUD/CHF and AUD/CAD with a mix of curiosity and cautious optimism—because if inflation surprises us, these pairs could dance in ways neither chart nor crystal ball fully predicted. Ready to dive deeper? LEARN MORE.

Interest rate hike expectations are running pretty high for the RBA, so a hotter inflation print could seal the deal for May.

Our Event Guide for Australia’s CPI notes that underlying metrics like services inflation could already reflect sticky price pressures, even before energy costs surged during the US-Iran war.

Here’s what I’m watching on AUD/CHF and AUD/CAD if this happens.