[ccpw id="5"]

Home.forex news reportFX Watch: Potential AUD/CAD and AUD/CHF Moves on Hot Australian CPI

FX Watch: Potential AUD/CAD and AUD/CHF Moves on Hot Australian CPI

-


Market players are anticipating hotter annual inflation readings from Australia this week.

Our Event Guide for the November 2024 Australia CPI noted that leading indicators are pointing to a slight uptick in headline CPI in November, which counters the Reserve Bank of Australia’s (RBA) recent shift to less hawkish biases.

Will this lead to the Australian dollar gaining pips against counterparts like the Canadian dollar and the Swiss franc?

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
  • Access to exclusive MarketMilk™ sections
  • Plus More!



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LATEST POSTS

Bitcoin’s Surge and the Role in Advancing Blockchain Interoperability

Bitcoin’s recent surge past the $100,000 mark is no small feat, considering 18 months ago many pundits thought the industry was dying or would fade into...

Saxo Bank Fined €1.6 Million for Violations by Now-Merged BinckBank

The Netherlands Authority for the Financial Markets (AFM) has imposed a €1.6 million fine on Saxo Bank for regulatory breaches by BinckBank, which has...

Praxis Digital Trading Names Bea Picciano as Chief Operating Officer

Praxis Digital Trading, an FX and CFD firm with offices in London, Hong Kong, and the Cayman Islands, promoted Bea Picciano as the Chief Operating Officer....

Follow us

0FansLike
0FollowersFollow
0SubscribersSubscribe

Most Popular

spot_img