Australia released data showing inflation slowed to a four-month low in July. Investors reduced the likelihood of a November RBA rate cut from 58% to 48.4%. Market participants are looking forward to US GDP and PCE data. The AUD/USD price analysis paints a bullish picture. The Aussie is edging higher after Australia’s inflation beat forecasts….
The post AUD/USD Price Analysis: Aussie Rises on Upbeat Inflation appeared first on Forex Crunch.
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