AUD/USD outlook: Australian Dollar slides on softer than expected inflation
Aussie Dollar fell nearly 0.5% on Wednesday morning, following softer-than-expected Australian CPI data (Q2 3.9% from Q1 / forecast 4.1% and monthly indicator Jun 3.8% vs May / forecast 4.0%) that almost sidelined expectations for rate hikes this year.
Aussie Dollar fell nearly 0.5% on Wednesday morning, following softer-than-expected Australian CPI data (Q2 3.9% from Q1 / forecast 4.1% and monthly indicator Jun 3.8% vs May / forecast 4.0%) that almost sidelined expectations for rate hikes this year.
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