Aussie Weaker Following Soft CPI Reading
Wednesday, July 28th, 2010 at
5:05 pm
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The Australian Dollar was lower this morning after the Bureau of Statistics reported that consumer prices increased less than expected in the second quarter (QoQ 0.6% act v 1.0% exp, 0.9% prev & YoY 3.1% act v 3.4% exp, 2.9% prev). The Aussie found itself slide to its lowest levels in a week against its major counterparts (at the time of writing, the AUDUSD was -0.66%, just above 0.8950… | ||||||||||||||||||||
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