The odds of another Reserve Bank of Australia (RBA) interest rate increase taking place next week were lowered following the release of inflation data offered no nasty surprises. The Australian Dollar fell against the Pound and U.S. Dollar in the minutes following the release of Australia's weighted mean inflation which gives a monthly snapshot of price dynamics that allows markets to get a sense of where the more complete quarterly figure will land. The headline was a 5.2% uptick in the year to August - up from 4.9% in July, and a 0.8% increase on the month owing largely to the rise in global energy prices. ... (full story)