Soft AU inflation figures likely cements RBA cut
AUD/USD escaped a short-covering rally on Wednesday, as softer-than-expected Q4 inflation figures could justify the 25bp RBA cut that money markets were already pricing in. I take a quick look at the key inflation measures and AUD/USD.
Matt Simpson, market Analyst at City Index and Forex.com
Matt Simpson, market Analyst at City Index and Forex.com
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.