[ccpw id="5"]

Home.forex news reportFX Watch: AUD/NZD and AUD/JPY Breakout Plays if Australia’s CPI Fails to...

FX Watch: AUD/NZD and AUD/JPY Breakout Plays if Australia’s CPI Fails to Impress

-


Australia will be printing its quarterly CPI soon, and lackluster results could keep the RBA on track to cut rates soon.

In our Event Guide for Australia’s Q4 2024 CPI Report, we noted that underlying price pressures and the central bank’s core inflation measure could determine the Aussie’s direction after the release.

Here’s what I’m watching on AUD/NZD and AUD/JPY if the inflation figures fall short.

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

China’s AI App Shaking Up US Markets

In a new turn of events, a Chinese AI chatbot has not only outpaced its American rivals but also sent shockwaves through global markets. DeepSeek, a...

Rupee ends lower tracking slide in yuan, likely equity outflows

The Indian rupee ended lower at the start of the week, weighed down by a drop in the Chinese yuan amid concerns over U.S....

Ripple Secures New Licenses in New York and Texas

Ripple has secured two more Money Transmitter Licenses (MTLs) in the United States, one from the state of New York and the other from...

3 Adjustments To Make If You Feel the Market Is Against You

Have you ever seen price move against you as soon as you enter a trade? How about price hitting your stop loss levels before bouncing...

Follow us

0FansLike
0FollowersFollow
0SubscribersSubscribe

Most Popular

spot_img