Australian Dollar Tests Resistance Near US$0.7200 Before CPI Data, Fed Decision -- Market Talk

Dow Jones08:29

0029 GMT - The Australian dollar is testing resistance near US$0.7200 ahead of the domestic CPI data and the Federal Reserve decision, StoneX's Matt Simpson says in commentary. A slightly hotter CPI reading would effectively confirm a rate increase by the Reserve Bank of Australia in May, which appears highly likely, and could boost the Aussie dollar versus the USD within an already bullish trend, the senior market analyst says. "The rally from the March low has been strong into cycle highs, with momentum building within an already established uptrend from the April 2025 low, favoring a potential break above 0.7200," Simpson says. Also, a "less-hawkish Fed hold would likely pave the way for a sustained break above 0.7200," the analyst adds. The Australian dollar is 0.1% higher at US$0.7185, LSEG data show. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

April 28, 2026 20:29 ET (00:29 GMT)

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A slightly hotter CPI reading would effectively confirm a rate increase by the Reserve Bank of Australia in May, which appears highly likely, and could boost the Aussie dollar versus the USD within an already bullish trend, the senior market analyst says. \"The rally from the March low has been strong into cycle highs, with momentum building within an already established uptrend from the April 2025 low, favoring a potential break above 0.7200,\" Simpson says. Also, a \"less-hawkish Fed hold would likely pave the way for a sustained break above 0.7200,\" the analyst adds. The Australian dollar is 0.1% higher at US$0.7185, LSEG data show. (ronnie.harui@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 28, 2026 20:29 ET (00:29 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Australian Dollar Tests Resistance Near US$0.7200 Before CPI Data, Fed Decision -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAustralian Dollar Tests Resistance Near US$0.7200 Before CPI Data, Fed Decision -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-04-29 08:29</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0029 GMT - The Australian dollar is testing resistance near US$0.7200 ahead of the domestic CPI data and the Federal Reserve decision, StoneX's Matt Simpson says in commentary. A slightly hotter CPI reading would effectively confirm a rate increase by the Reserve Bank of Australia in May, which appears highly likely, and could boost the Aussie dollar versus the USD within an already bullish trend, the senior market analyst says. \"The rally from the March low has been strong into cycle highs, with momentum building within an already established uptrend from the April 2025 low, favoring a potential break above 0.7200,\" Simpson says. Also, a \"less-hawkish Fed hold would likely pave the way for a sustained break above 0.7200,\" the analyst adds. The Australian dollar is 0.1% higher at US$0.7185, LSEG data show. (ronnie.harui@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 28, 2026 20:29 ET (00:29 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"VCSH","symbol_name":"美国短期公司债-Vanguard","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2631533185","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2631533185","pubTimestamp":1777422540,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0029 GMT - The Australian dollar is testing resistance near US$0.7200 ahead of the domestic CPI data and the Federal Reserve decision, StoneX's Matt Simpson says in commentary. 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A slightly hotter CPI reading would effectively confirm a rate increase by the Reserve Bank of Australia in May, which appears highly likely, and could boost the Aussie dollar versus the USD within an already bullish trend, the senior market analyst says. \"The rally from the March low has been strong into cycle highs, with momentum building within an already established uptrend from the April 2025 low, favoring a potential break above 0.7200,\" Simpson says. Also, a \"less-hawkish Fed hold would likely pave the way for a sustained break above 0.7200,\" the analyst adds. The Australian dollar is 0.1% higher at US$0.7185, LSEG data show. 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