Australian Dollar Rises as Inflation Data Surprises
The Australian dollar surged to its highest point since early October after strong inflation data reduced the likelihood of an RBA interest rate cut.
#Australian Dollar#AUD/USD#Inflation
#RBA
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Australian Dollar Soars as Inflation Data Ends Rate Cut Hopes
Surprising inflation data from Australia sent the Australian dollar higher, effectively ending any chance of a near-term interest rate cut by the Reserve Bank.
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Australian Dollar Drops as Unemployment Hits Four-Year High
The Australian dollar fell below $0.650 after a government report showed the nation's unemployment rate rose to a near four-year high of 4.5%.
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Australian Dollar Pressured by Trade Tensions and Weakening Data
The Australian dollar is under pressure from renewed U.S.-China trade tensions and weakening domestic data, with markets eyeing RBA minutes and jobs figures.
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Australian Dollar Climbs as Inflation Data Challenges RBA Rate Cut Path
The Australian Dollar advanced after new data showed inflation rising to 3.0% in August, complicating the Reserve Bank of Australia's plans for future rate cuts.
#AUD/USD#Forex#RBA