AUD/USD unchanged Wed, shows scant reaction to lower than expected Aus CPI

Australia's monthly CPI +2.1% in Oct vs +2.3% forecast but core ticks up

Core inflation 3.5% from 3.2% in Sep, stays above RBA's 2% to 3% target band

AUD initially dips on headline number but recovers as inflation still sticky

Data unlikely to change RBA stance; Feb 25 bps cut odds at 23% from pvs 27%

Rate cut not fully priced in till May, will support on dips

Trump's tariff threats, scaling back of Fed rate expectations to cap rallies

Support 0.6430-35, 0.6400-05, resistance 0.6500-05, 0.6525-30

Asia range 0.6456-0.6485; US PCE Wed, RBA Governor Bullock speed Thu eyed

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