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AUD/USD has dribbled a few tics lower after the wages data
The data release is here:Australian Q1 wages data +0.8% q/q (expected 0.9%)The q/q change missed expectations while the y/y slightly pipped higher at 3.7% the best in a decade. But with CPI at 7% real wages dropped. The RBA is wary of a wage-price spiral higher, there isn't much sign of this with the data today. AUD/USD update: This article was written by Eamonn Sheridan at www.forexlive.com...
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Posted: May 17 2023, 01:39
Author Name: forexlive
Views: 081589