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Oct 29 - 11:00 PM
AUD/USD - Moves Higher After CPI As Expected
First appeared on eFXplus on Oct 29 - 08:40 PM
  • AUD/USD popped back to 0.6865 from 0.6850 after Aus Q3 CPI as expected nAZN0RJ700

  • AUD/USD slipped as low as 0.6849 just before the data

  • AUD/USD unchanged on the day & further upside possible if market still short

  • The CPI data is unlikely going to change RBA expectations nL3N27E5GJ

  • Focus now on Fed decision later today

Source:
Refinitiv IFR Research/Market Commentary

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