Dollar Holds, Aussie Slides 0.25% Post CPI

Dollar index steadied in Asian trade ahead of the Fed meeting, with markets expecting rates unchanged.
Australian dollar fell 0.25% after March CPI slightly missed expectations, though inflation surged due to higher fuel costs from Iran war.
RBA has raised rates by 50 bps in 2026 and ANZ forecasts an additional 25‑bp hike at May meeting.
Broader Asian currencies retreated amid US‑Iran tensions and a Japan market holiday, with yen near 160 per dollar.