The Australian dollar took a hit, dropping 0.25% to land at $0.6721 as domestic inflation figures came in below expectations. When economic data disappoints on the inflation front, it typically pressures commodity-linked currencies like the AUD—especially when markets are recalibrating interest rate expectations. This kind of macro headwind ripples through multiple asset classes. For traders watching correlation plays between traditional markets and crypto, softer inflation data often signals shifts in Fed policy trajectory, which in turn shapes sentiment across risk assets. The miss on CPI estimates suggests weakness in domestic demand or moderating price pressures, sending capital flows hunting for yield elsewhere.