SYDNEY: The Aussie fell in Asia on Thursday after a survey on prices and a release on trade data, while the yen held mostly steady as a Tankan survey on inflation expectations showed a mixed picture.
AUD/USD traded at 0.7582, down 0.20.03%, while USD/JPY changed hands at 119.71, down 0.03%.
In Australia, the March TD-MI Inflation Gauge rose 0.4%, compared to flat for February and up 1.5% for the first quarter from 1.3% in February with a warning that oil-price related deflation cannot be ruled out for now.
“The RBA board is in an uncomfortable position,” said TD head of Asia-Pacific research Annette Beacher.
