Australian Dollar Drops on Soft CPI that Takes the Heat Out of RBA Meeting Next Week - DailyFX

The Australian Dollar fell after the much-anticipated Q2 CPI came in below expectations at 6.1%. Will an RBA hike help or hinder AUD/USD?

Australian Dollar, AUD/USD, CPI, Inflation, RBA - Talking Points

• The Australian Dollarslipped after CPI came in lower than anticipated
• A 6.1% headline CPI gives the RBA some breathin… [+2144 chars]
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