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Australian January consumer confidence -0.7% m/m to 92.1

Australia Westpac Consumer Confidence for January 2024

-0.7% m/m

  • prior –2.0%

The index drops to 92.1

  • prior 92.8

This is a monthly report. We had the weekly confidence data earlier, dropping also:

The big news, moving markets, is not this data, it’s the ‘gradual’ tariff plan news:

The USD is weaker on this catalyst. AUD/USD higher, for example:

This article was written by Eamonn Sheridan at www.forexlive.com.

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