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TDUX
Jul 29 - 05:55 AM

AUD/USD - Falls On Cooler Than Expected Australian CPI Data

By Robert Howard  —  Jul 29 - 03:38 AM

• AUD/USD slid to 0.6937 in Asia on softer than expected Australian CPI data

• 0.6937 is the lowest level since July 14 (0.6913 was the low that day)

• Westpac no longer expects the RBA to raise interest rates this year

• Risk-sensitive AUD also hurt by more Japanese, South Korean stock losses

• USD will react to Fed rate decision at 1800 GMT: hold or hike?

• Australia confirms H5N1 bird fly spreading in native bird population

AUDUSD


(Robert Howard is a Reuters market analyst. The views expressed are his own)

Source:
London Stock Exchange Group | Thomson Reuters
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