So can further evidence that the FOMC’s outlook for inflation is shifting. In particular, analysts will look for signs that the FOMC is less confident the spike in inflation will be transitory, or that the FOMC’s tolerance for an inflation overshoot is waning.

Joe Capurso

The traditional drivers, like commodity prices and the world economy are going to put downward pressure back on the Aussie, so it's prepped for a fall.

So it's prepped for a fall, we think it'll oscillate around 60 cents for the next couple of months.