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AUD/USD: Trading the Australian CPI
The Australian CPI (Consumer Price Index), which is released each quarter, is an inflation index which measures the change in the price of goods and services charged to consumers. A reading which is higher than the market forecast is bullish for the Australian dollar. Here are all the details, and 5 possible outcomes for AUD/USD. Published on Wednesday at 00:30 GMT. Indicator Background Australian CPI is one of the most important economic indicators, and an unexpected reading from CPI can affect the direction of AUD/USD. The CPI reading for Q2 dipped to 0.5%, down from 0.6% in Q1. This matched the estimate. There is ... (full story)