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Thomson Reuters
Oct 30 - 11:00 PM
AUD/USD - Eases Slightly After Softer CPI
First appeared on eFXplus on Oct 30 - 08:40 PM
  • AUD/USD dipped from 0.7100 to below 0.7090 after softer Aus CPI data
  • Trimmed mean +1.8% Y/Y (1.9% exp); weighted mean +1.7% YY (1.9% exp)
  • RBA flagged weaker Q3 CPI, but soft reading could weigh on AUD sentiment
  • RBA set to remain on hold for a long time and CPI reinforces that view
  • AUD/USD support at 10-day MA at 0.7064 and buyers tipped 0.7040/50
  • China PMI for October will be out shortly and could impact AUD/USD

Thomson Reuters IFR Markets


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