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AUD/USD: Trading the Australian CPI
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 Analysts consider CPI one of the most important economic indicators, and an unexpected reading release can have a significant impact on the direction of AUD/USD. CPI for Q2 came in at 0.7%, the highest gain since Q4 of 2013. The estimate ... (full story)
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