menu search

Inflation Surprise Doesn’t Help the Aussie

Inflation Surprise Doesn’t Help the Aussie
Australian inflation surprised on the upside, reigniting expectations of another rate hike as early as November. However, the Aussie could not enjoy the buying momentum for long as the US dollar strengthened. In the third quarter, CPI rose 1.2%, accelerating from 0.8% three months earlier due to fuel and energy cost dynamics. Annual inflation slowed […] The post Inflation Surprise Doesn’t Help the Aussie appeared first on Action Forex... Read More
Posted: Oct 25 2023, 13:07
Author Name: actionforex
Views: 082543

Search within

Pages Search Results: