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Wednesday, October 25, 2017

[FOREX NEWS] AUD/USD falls to the lowest in 3 months on poor inflation


Inflation is absent in almost all developed economies and Australia is not an exception. The headline Consumer Price Index advanced by 0.6% in Q3, lower than 0.8% expected. The Trimmed Mean CPI (known as core CPI in other places) also failed to impress with an increase of 0.4% q/q against 0.5% projected. Year over year, [...]

The post AUD/USD falls to the lowest in 3 months on poor inflation appeared first on Forex Crunch.



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