On Wednesday, consumer and producer prices will likely influence buyer appetite for the AUD/USD. Economists forecast producer prices to fall 1.8% year-on-year in May after declining 2.5% in April.
While this is mostly down to less helpful base effects, international energy prices and excise duty hikes, it is not safe to conclude that the RBA rate cycle has peaked. At 5.2% YoY, the August ...
The AUD/USD rallied 0.80% on Tuesday, ending the day at $0.64802 after a low of $0.64010 and a high of $0.64868. The Consumer Price Index (CPI) in July holds the key to RBA’s monetary stance in ...
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