
- Prior was -0.1%
USD/CAD has been tracking higher today and is up 33 pips to 1.4356.
USD/CAD has been tracking higher today and is up 33 pips to 1.4356.
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Australian dollar jumped after the hot CPI data that rules out an RBA rate cut next week Headline inflation hit 3%, the top end of the RBA target band
Australian monthly CPI (August 2025) +3% (expected 2.9%, prior 2.8%) The monthly CPI data from Australia does not show all components of the CPI, that'll have to wait for the quarterly data release (late in October).
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