The AUD/USD pair gains ground following soft Consumer Inflation Expectations from Australia released on Thursday.
The AUD/USD pair edges higher following the remarks from former RBA Governor Bernie Fraser. Bernie Fraser criticized the RBA board for being overly focused on inflation at the expense of the job market. Australia ’s Consumer Inflation Expectations eased to 4.4% in September, down slightly from August's four-month high of 4.5%.
A break above this upper boundary could diminish the bearish bias, potentially opening the door for the pair to retest its seven-month high of 0.6798, last seen on July 11. AUD/USD: Daily Chart Australian Dollar PRICE Today The table below shows the percentage change of Australian Dollar against listed major currencies today. Australian Dollar was the strongest against the Japanese Yen. USD EUR GBP JPY CAD AUD NZD CHF USD -0.00% 0.03% 0.10% 0.00% -0.10% 0.02% -0.03% EUR 0.00% 0.03% 0.13% 0.
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