AUD/USD: to hold its ground around 0.7700 - Westpac

Analysts at Westpac explained that in the week ahead, the Aussie dollar probably won’t react too strongly to a speech by Governor Lowe or to Australia’s data releases on business confidence, consumer sentiment and home loan approvals. 

Key Quotes:

"Instead, while there will be interest in US inflation data for March, the main focus is likely to again be on the state of US trade policy.

Given that a more protectionist stance by the US could damage its economy and make the Fed more cautious about raising interest rates, the US dollar could be a little fragile near term. This would leave the Aussie dollar holding its ground around 0.7700 in the week ahead, but falling against many other currencies if the US and China remain at loggerheads over trade."