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Australia CPI falls to 3-year low
Australia inflation slows to 3-yr low in Aug, core still above target
Australian consumer price inflation slowed to a three-year low in August thanks to government rebates on electricity and a drop in petrol, while core inflation hit its lowest level since early 2022 in a sign costs were cooling.
Australia’s inflation eases to 3-year low in August as core inflation continues to decline
Inflation in Australia slowed significantly in August, hitting its lowest level in three years. This welcome development was largely attributed to government rebates on electricity bills, which played a crucial role in easing consumer price pressures.
Australia CPI falls to 3-year low in August; core inflation sticky
Investing.com-- Australian consumer price index inflation eased as expected in August, hitting a three-year low following government programs aimed at curbing high energy costs, while declines in core inflation were much less pronounced.
China, dollar and Australia
Australia, New Zealand dollars shine on China's stimulus boost
The Australian and New Zealand dollars scaled multi-month peaks on Wednesday while the yuan hit its strongest level in more than a year, as China's aggressive stimulus package provided the latest shot in the arm for risk appetite.
Australian Dollar soars as markets digest RBA decision, Chinese stimulus
Australian Dollar reaches a three-month high of 0.6852 against the US Dollar on Tuesday. AUD/USD is supported by China's stimulus measures, a weaker USD, and positive global market sentiment. RBA held rates steady and maintained its hawkish stance,
China moves to boost ailing economy with property, stimulus measures
The world’s second-largest economy has struggled to rebound from the pandemic, leading financial authorities to cut interest rates and support the property market.
1d
Australian Dollar Weekly Forecast: RBA and Inflation May Fuel an AUD/USD Run at $0.70
The RBA is expected to hold rates at 4.35%. Investors await key insights from the press conference to gauge AUD/USD movement ...
Business Times
14h
Australian dollar strikes 19-month peak, kiwi on highs for the year
THE Australian dollar was enjoying the view near 19-month peaks on Wednesday after inflation data slowed much as expected and ...
6h
Run On The Dollar Stalls After The Market Boosted Odds Of Another 50 Bp Fed Cut
Weak US consumer confidence, especially regarding the labor market, boosted speculation of another half-point Fed cut in ...
1d
Australia's central bank holds rates, softens hawkish stance slightly
Australia’s central bank on Tuesday reiterated that interest rate cuts were unlikely in the near term as it held policy ...
1d
Australian Dollar trims daily gains following the speech by RBA Bullock
The Australian Dollar remains solid near nine-month high of 0.6839 as RBA is expected to maintain current rates at 4.35%. The ...
1d
Australian Dollar Forecast: AUD/USD Poised for Reaction to Aussie and US PMIs
Aussie dollar awaits September’s Services PMI. Strong data may delay an RBA rate cut, lifting AUD/USD. Weak PMI could ...
devdiscourse
1d
Australian Dollar and Yuan Surge Amid Central Bank Policies
The Australian dollar reached its highest level of the year as the Reserve Bank of Australia reaffirmed its determination to ...
Exchange Rates
1d
Pound Australian Dollar (GBP/AUD) Exchange Rate Tumbles As PMI Data Disappoints
The Pound Australian Dollar (GBP/AUD) exchange rate trended lower through Monday’s European session, as disappointing UK PMI ...
ADVFN
1d
Australian Dollar Rises After RBA Keeps Key Rate Unchanged As Expected
The Australian dollar strengthened against other major currencies in the late Asian session on Tuesday, after Australia's ...
Asia One
12h
Aussie dollar rises to highest since February 2023
The Australian dollar was enjoying the view near 19-month peaks on Sept 25 after inflation data slowed much as expected and ...
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