Australia Consumer Price Index rate seen lower in December
The Australian Bureau of Statistics (ABS) will release two different inflation reports on Wednesday.
Source: fxstreet.com
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AUD/USD Forecast: No changes to the consolidative theme
Once again, AUD/USD exhibited an erratic performance on Tuesday, remaining ensnared in a rangebound pattern that has persisted since the middle of this month.
Source: fxstreet.com
Australian Dollar depreciates on softer Aussie inflation data, improved US Dollar
The Australian Dollar (AUD) remains on a downtrend on Wednesday after Australian inflation slowed more than anticipated in the December quarter.
Source: fxstreet.com
RBA adopting a more dovish tone could put further pressure on the Aussie – Commerzbank
AUD/USD has come under pressure following the soft inflation data from Australia.
Source: fxstreet.com
China's NBS Manufacturing PMI improves to 49.2 in January, as expected
China’s official Manufacturing Purchasing Managers' Index (PMI) downturn eased slightly in January, coming in at 49.2.
Source: fxstreet.com