AUD: Weighted mean CPI +2.3% YoY, slightly above expectations

I’m looking to add to AUD/USD longs on dips as this result should ensure that any rate cuts are delayed and could cause AUD/USD short-covering.

  1. A good call there I think Sean. The ducks are lining up for a scramble higher – and the weather is Sydney at the moment is great for ducks!

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