Inflation rose 6.1% y/y in Q2 and is expected to rise to 7% – which would be its highest level since 1990 and more than twice the RBA’s 2-3% target band. The quarterly read is expected to soften to 1.6%, down from 1.8% – which seems feasible given the newly released monthly CPI read softened […]
The post AUD Remains Rangebound ahead of Tomorrow’s Inflation Report appeared first on Action Forex.
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