When is Australia inflation data and how could it affect AUD/USD? – by anilpanchal7 AUDUSD RBA Inflation Events RiskAversion
About Aussie Consumer Price Index
The quarterly Consumer Price Index published by the Australian Bureau of Statistics has a significant impact on the market and the AUD valuation. The gauge is closely watched by the Reserve Bank of Australia , in order to achieve its inflation mandate, which has major monetary policy implications. Rising consumer prices tend to be AUD bullish, as the RBA could hike interest rates to maintain its inflation target. The data is released nearly 25 days after the quarter ends.
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