Australia Producer Price Index (QoQ) came in at 0.4%, below expectations (0.9%) in 1Q

May 1, 2026

Australia Producer Price Index (YoY) declined to 3% in 1Q from previous 3.5%

Australian Dollar weakens as Middle East tensions boost US Dollar

The AUD/USD pair drifts lower to near 0.7200 during the early Asian trading hours on Friday. Ongoing tensions in the Middle East continue to boost a safe-haven currency such as the US Dollar (USD) against the Aussie.