• AUD/USD stable as market weighs U.S. tariff agenda, likely dovish AU budget

• Trump's reciprocal tariffs being more targeted will improve risk sentiment

• AU federal budget 0830 GMT Tue; election-spending induced deficit expected

• AUD close to the 55-DMA, will strengthen if budget deficit deemed reasonable

• Feb CPI due Wed (poll 2.5% weighted CPI y/y), RBA meeting Mar 31-Apr 1

• Range early Asia 0.6281-87, support 0.6260 0.6190, resistance 0.6390 0.6415
AUD midday


AUD midday


(James Connell is a Reuters market analyst. The views expressed are his own.)