• AUD/USD trends lower after US inflation data prompts rethink on Federal Reserve's easing timeline.
• February’s CPI report at 3.2% YoY fuels US Dollar strength, overshadowing Australian business sentiment.
• Traders recalibrate rate cut expectations, with focus shifting to upcoming US retail sales data for further cues.

The Australian Dollar printed back-to-back negative days during the week against the US Dollar, courtesy of a warm inflation report in the United States (US) that justified the Federal Reserve’s stance to be patient in cutting borrowing costs. On Tuesday, the AUD/USD was down 0.11%, and as the Wednesday Asian session commences, it trades virtually unchanged at 0.6606.