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Jan 10 - 09:55 PM

AUD/USD - Moves Higher After Aus CPI And Retail Sales

By John Noonan  —  Jan 10 - 07:45 PM
  • AUD/USD Jumped to 0.6914 from 0.6895 after Aus CPI and retail sales nS9N32B00LnAZN0X9U9F

  • Retail sales beat expectations - but focus was on the trimmed mean CPI, which rose to 5.6

  • Resilient retail sales and hotter trimmed mean CPI impacts RBA expectations

  • AUD/USD settling around 0.6905 as immediate impact wanes

  • Resistance is at Tuesday's 0.6927 higher and Monday high at 0.6950

  • For more click on FXBUZ










Source:
Refinitiv IFR Research/Market Commentary

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