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
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Source:
Refinitiv IFR Research/Market Commentary