As the winds of economic change blow through Australia, the Reserve Bank of Australia’s latest policy decision has left many market watchers pondering: Could a lackluster Consumer Price Index (CPI) report spark renewed speculation about rate cuts? It seems the RBA is doing its best to keep things steady, but with inflation measures and commodity prices potentially pointing downward, there’s much at stake. Join me as I keep an eye on the movements of GBP/AUD and AUD/JPY in the wake of these developments. Will the data bring back dovish sentiments or keep us on this rocky path? Let’s unpack this and see what the numbers might reveal! LEARN MORE.
The RBA appears to have dampened future easing expectations in their latest policy decision, but can a downbeat Australian CPI report reignite dovish vibes?
Our Event Guide for Australia’s CPI mentioned declines in inflation gauges and commodity prices as potential factors for a downside surprise.
Here’s what I’m watching on GBP/AUD and AUD/JPY if this happens.
This Article Is For Premium Members Only
Become a Premium member for full website access, plus get:
- Ad-free experience
- Daily actionable short-term strategies
- High-impact economic event trading guides
- Unlimited Access access to MarketMilk™
- Plus More!
Post Comment