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Aussie Dollar Falls to Multi-Week Low as Softer than Expected Inflation Adds to Negative sentiment

Aussie Dollar Falls to Multi-Week Low as Softer than Expected Inflation Adds to Negative sentiment
Australian dollar remains under increased pressure from risk aversion and holding firmly in red for the fourth consecutive day, with softer than expected inflation data for the first quarter, adding to negative sentiment. Australian inflation eased further from the highest in over three decades, with stronger than forecasted drop in core inflation, contributing to expectations […] The post Aussie Dollar Falls to Multi-Week Low as Softer than Expected Inflation Adds to Negative sentiment appeared... Read More
Posted: Apr 26 2023, 10:31
Author Name: actionforex
Views: 081973

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