AUD/USD is sharply higher for a second straight day. In the European session, the Australian dollar is trading at 0.6484, up 1.412. After losing over 1% on Monday, the Aussie has roared back with gains of over 2.7%.
Australia’s inflation jumps to 7.3%
Australia’s inflation report is the driver behind today’s gains, as third-quarter inflation was stronger than expected. Headline CPI jumped 7.3%, its highest level since 1990. This was way up from 6.1% in Q2 and above the consensus of 7.0%. The key core inflation indicator climbed to 6.1%, up from 4.9% and above the consensus of 5.6%.
The unexpected rise in inflation upsets the apple cart for the RBA, which lowered its October rate hike to 0.25%, after four straight increases of 0.50%. The RBA would have liked to continue with a small hike at next week’s meeting and there has even been talk of a pause in rate hikes. The hot inflation report changes this thinking dramatically. It’s difficult to see how the RBA can ignore the jump in inflation, which is a painful reminder that inflation is yet to peak. The central bank will likely have to respond with a 0.50% increase, and the Australian dollar has soared today as a result. As the inflation report is the last key release before next week’s meeting, the RBA won’t have any additional data which could temper the need for a 0.50% hike.
The RBA will have little choice but to continue with oversize rates until inflation is beaten, which could take a while yet. The central has projected that inflation will hit 7.5%, with some analysts expecting it to rise closer to 8.0%. That means that the cash rate, which is currently at 2.6%, is unlikely to peak until it rises to 3.5% or slightly higher.
.
AUD / USD műszaki
- AUD/USD continues to test support at 0.6250. The next support level is 0.6121
- Ellenállás van 0.6331 és 0.6460-nél
.
Ez a cikk csak általános tájékoztatási célokat szolgál. Ez nem befektetési tanács vagy megoldás értékpapírok vételére vagy eladására. A vélemények a szerzők; nem feltétlenül az OANDA Corporation vagy bármely leányvállalata, leányvállalata, tisztségviselője vagy igazgatója. A tőkeáttételes kereskedés magas kockázatú, és nem mindenki számára alkalmas. Elveszítheti az összes befizetett összeget.
- AUD
- AUD / USD
- Ausztrália CPI
- Bitcoin
- blockchain
- blokklánc megfelelőség
- blockchain konferencia
- coinbase
- coingenius
- megegyezés
- kriptokonferencia
- kriptikus bányászat
- cryptocurrency
- decentralizált
- Defi
- Digitális eszközök
- Ethereum
- FX
- gépi tanulás
- MarketPulse
- Hírcsatornák
- nem helyettesíthető token
- Plató
- plato ai
- Platón adatintelligencia
- Platoblockchain
- PlatoData
- platogaming
- Poligon
- a tét igazolása
- RBA árfolyamtalálkozó
- Technikai elemzés
- USAdollár
- W3
- zephyrnet