FxWirePro: Aussie falls against major peers as CPI data fails to match expectations
AUD/NZD is currently trading around 1.1216 marks. Pair made intraday high at 1.1266 and low at 1.1213 marks. Intraday bias remains bearish till the time pair holds key resistance at 1.1250 mark. A sustained close above 1…
Pair made intraday high at 1.1266 and low at 1.1213 marks.
Intraday bias remains bearish till the time pair holds key resistance at 1.1250 mark.
A sustained close above 1.1250 will drag the parity higher towards key resistances at 1.1301/1.1384/1.1456 levels respectively.
Alternatively, a daily close below 1.1250 will take the parity down towards key supports around 1.1121, 1.1027, 1.0930, 1.0873, 1.0798, 1.0737 and 1.0693 marks respectively.
Australia Q3 CPI Q/Q increase to 0.6 % (forecast 0.8 %) vs previous 0.2 %.
Australia Q3 RBA trimmed mean CPI q/q decrease to 0.4 % (forecast 0.5 %) vs previous 0.5 %.
Australia Q3 CPI y/y decrease to 1.8 % (forecast 2.0 %) vs previous 1.9 %.
Australia Q3 CPI index number increase to 111.4 vs previous 110.7.
