Aussie dollar fell nearly 0.5% on Wednesday morning, following softer than expected Australian CPI data (Q2 3.9% from Q1 / forecast 4.1% and monthly indicator Jun 3.8% vs May / forecast 4.0%) that almost sidelined expectations for rate hikes this year. However, better than expected inflation numbers across the western economies came as a result […]
The post Australian Dollar Slides on Softer Than Expected Inflation appeared first on ActionForex.
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