周四，澳元在上一交易日飙升超过3%后，保持在0.61美元以上，这得益于美国总统唐纳德·特朗普将大多数美国贸易伙伴的进口新关税降至10%，为期90天，以便进行贸易谈判后，风险资产大幅反弹。此举大大降低了主要经济体的现有征税水平，尽管澳大利亚仍需缴纳10%的基准关税。与此同时，特朗普将中国进口商品的关税提高到125%，以回应北京的报复措施——鉴于中国是澳大利亚最大的出口市场，这一发展给澳大利亚的经济前景蒙上了阴影。在国内，围绕澳大利亚储备银行政策路径的不确定性仍在继续。分析师对下一次降息的时机存在分歧，与贸易有关的风险严重影响了经济前景。市场目前预计5月份将降息25个基点，全年将全面放松约120个基点。

The Australian dollar held above $0.61 on Thursday after surging more than 3% in the previous session, underpinned by a massive rally in risk assets after US President Donald Trump dropped new tariff rates on imports from most US trade partners to 10% for 90 days to allow for trade negotiations. The move significantly reduced existing levy levels on major economies, although Australia remains subject to the baseline 10% tariff. Meanwhile, Trump raised tariffs on Chinese imports to 125% in response to Beijing’s retaliatory measures—a development that clouded the economic outlook for Australia, given China is its largest export market. Domestically, uncertainty around the Reserve Bank of Australia’s policy path continues. Analysts are divided on the timing of the next interest rate cut, with trade-related risks weighing heavily on the economic outlook. Markets are currently pricing in a 25-basis point cut in May and about 120 basis points of total easing over the course of the year.