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AUD/USD down a few tics after the Australian Q2 CPI results
摘要：Core inflation rates inched a little higher q/q and also higher y/y compared with Q1
The headline rate dipped a little q/q but was higher y/y compared with Q1
The data post is here:
Australia: CPI 1.8% q/q (expected 1.8%) & Trimmed mean 1.5% q/q (expected 1.5%)
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The fears in the market were for a rise above expectations, which we did not get. From this data it appears very likely now the RBA will hike by 50bp next week, the meeting is August 2 (statement due at 0430 GMT).
AUD/USD is down a little on the data - one minute bars to give you a taste of how AUD moved if you are reading this on your phone sway from your main screens:
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