AUD/USD flows: Q1 Wage Steady

Australian Q1 wage price index bangs in estimate at 3.3% y/y, slightly lower than the 3.4% in Q4 2025. It came at no surprise with the strength in Australian labor market only moderating but little signs of slowing. Major equity indexes are recovering the overnight losses while precious metals are performing individually.

AUD/USD is trading 0.09% lower at 0.7233.