AUD/USD pressured by mixed Australian CPI data amid Pacific earthquake

AUD/USD faces downward pressure following mixed Australian inflation data released during Wednesday's Asian session. The Australian CPI showed softer-than-expected readings, weighing on the Aussie dollar as markets reassess Reserve Bank of Australia rate expectations. The currency pair currently trades near 0.6450, down 0.2% on the day. Adding to market uncertainty, a significant earthquake struck the Pacific region, though immediate economic impacts remain unclear. China's fiscal policy developments are also in focus, with potential stimulus measures offering mixed signals for the commodity-linked Australian dollar. Technical analysis shows AUD/USD testing support at 0.6440, with resistance at 0.6480. The confluence of domestic inflation concerns, regional seismic activity, and China's economic outlook creates a cautious trading environment. Traders should monitor upcoming Chinese PMI data and any RBA commentary for clearer directional signals.