AUD/USD Reverses Gains Following Strong US Inflation Data
Key Facts
The AUD/USD pair reversed its daily gains, falling 0.34% to trade around the 0.6960 level on Wednesday, October 14, 2026. FXStreet reported that the decline followed the release of higher-than-expected US inflation figures, which increased demand for the US Dollar.
Stronger inflation data bolstered the Greenback against major currencies, putting downward pressure on risk-sensitive assets including the Australian Dollar. This price action follows earlier data from October 13, 2026, which showed Australian NAB Business Confidence falling to -13, missing the forecast of -9.
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Update: Selling pressure extended to the New Zealand Dollar, which fell 0.77% to 0.5570 on October 14, 2026. This level marks its lowest point against the US Dollar since April 2025, driven by sustained Greenback strength.