The AUD/USD currency pair experiences a retreat after attempting to hold a multi-month high near 0.6450. As the market focuses on upcoming Q1 CPI data, the Reserve Bank of Australia (RBA) maintains a cautious stance regarding inflation. Current market sentiment reflects a complete pricing in of a rate cut during the March meeting. Ongoing trade policy uncertainties add to the weight on the Australian Dollar, compelling traders to reassess their positions in this fluctuating environment.