• Relatively quiet week in markets with AU CPI headlining this week.
• AU CPI expected @ 3.7% y/y (prev 3.8%) – overall -ve for AUD.
• AUDUSD still in consolidation/ranging phase, pivoting between 0.7033 & 0.7115.
• AUDUSD HITS 71c! YOU READ THAT RIGHT!
• AUDUSD briefly hit 71c earlier this morning before going back under, a positive sign of intent from AUD.
• Although there are minimal high-impact events this week, the AU CPI will headline amongst a couple of key speeches from US President Trump & RBA Gov Bullock.
• AU CPI expected to come in @ 3.7% y/y (prev 3.8%), overall -ve for the AUD, but +ve for future rate reductions. The question remains how sticky inflation will be before it heads back down.
• We have US unemployment claims coming in @ 216K (prev 206K), overall -ve for the USD.
• Can we see AUDUSD sustain @ the 71c handle?
• Or will the CPI reading drop it back below 70c?
• Watch this space!
| Economic Calendar: Mon 23rd February 2026 – Friday 27th February 2026 (High Impact) (AU/US) | |||||
| Day | Time(AEST) | Event | Country | Forecast | Previous |
| Wed | 11:30am | CPI m/m | AU | TBA | 1.0% |
| CPI y/y | AU | 3.7% | 3.8% | ||
| Trimmed Mean CPI m/m | AU | TBA | 0.2% | ||
| 1:00pm | President Trump Speaks | US | N/A | N/A | |
| 7:40pm | RBA Gov Bullock Speaks | AU | N/A | N/A | |
| Fri | 12:30am | Unemployment Claims | US | 216K | 206K |
| Sat | 12:30am | Core PPI m/m | US | 0.3% | 0.7% |
| PPI m/m | US | 0.3% | 0.5% | ||
Source: forexfactory.com