Monday , 25 November 2024
Home Forex Australian Dollar gains ground despite downbeat inflation data
Forex

Australian Dollar gains ground despite downbeat inflation data

The Australian Dollar (AUD) edges higher against the US Dollar (USD) despite lower-than-expected Australia’s third-quarter Consumer Price Index (CPI) data released on Wednesday.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

BOE’s Dhingra: UK no longer looks like an outlier for inflation among advanced economies

Recent CPI outturns show no asymmetry in inflation unwindingFall in services PPI...

BOE’s Lombardelli: We remain focused more on services prices and wages

We should not focus too much on one set of data (regarding...

Crude Oil Technical Analysis – We are approaching the top of the range

Fundamental OverviewCrude oil remains confined in a range between the 72.00 resistance...

USD/CAD refreshes daily high on sliding Oil prices; remains below 1.4000 amid weaker USD

The USD/CAD pair attracts some dip-buying near the 1.3925 area, or a...