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AUD/USD slides as weak inflation data fuels RBA rate cut bets
The AUD/USD dropped by 0.57% to 0.6225 on Wednesday, struggling near weekly lows below 0.6250. Softer-than-expected inflation data from Australia strengthened expectations of a February rate cut by the Reserve Bank of Australia (RBA), putting additional pressure on the Aussie.
Date:
29.01.2025 |
Source:
fxstreet.com
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Quotes
| Instrument | Price | Change (%) |
|---|---|---|
| EURUSD | 1.125540 | +0.22934% |
| GBPUSD | 1.328580 | +0.27458% |
| USDJPY | 145.286000 | -0.3785% |
| XAUUSD | 3332.320000 | +0.3016% |
| USDCAD | 1.391050 | -0.08978% |
| NZDUSD | 0.590120 | -0.057277% |
| USDCHF | 0.830350 | -0.009634% |
| AUDUSD | 0.641380 | +0.15148% |
| EURGBP | 0.847120 | +0.041334% |
| EURJPY | 163.523000 | -0.11667% |
| GBPJPY | 193.020000 | -0.0761% |
| AUDJPY | 93.180000 | -0.14467% |
| CADJPY | 104.431000 | -0.28169% |
| CHFJPY | 174.934000 | -0.28103% |
| NZDJPY | 85.735000 | -0.395% |
| GBPCHF | 1.103270 | +0.26628% |
| EURCHF | 0.934620 | +0.18652% |
| USDMXN | 19.487200 | -0.1578% |
| USDZAR | 18.225000 | +0.19186% |
| USDTRY | 38.734900 | +0.05657% |
| USDRUB | 83.746700 | +1.66519% |
| USDSEK | 9.683400 | -0.34835% |
| USDCNY | 7.239600 | +0.08433% |
Upcoming Important Events
| Time | Country | Event | Forecast | Previous |
|---|---|---|---|---|
| 10.05.2025 | ||||
| 01:30 | Inflation Rate YoY (Apr) | -0.1 | -0.1 | |
| 12.05.2025 | ||||
| 23:01 | 🇬🇧 | BRC Retail Sales Monitor YoY (Apr) | 1.3 | 0.9 |
| 13.05.2025 | ||||
| 00:30 | 🇦🇺 | Westpac Consumer Confidence Change (May) | 2 | -6 |
| 01:30 | 🇦🇺 | NAB Business Confidence (Apr) | -5 | -3 |
| 06:00 | 🇬🇧 | Employment Change (Mar) | -20 | 206 |
| 06:00 | 🇬🇧 | Unemployment Rate (Mar) | 4.5 | 4.4 |
| 12:30 | 🇺🇸 | Core Inflation Rate MoM (Apr) | 0.2 | 0.1 |
| 12:30 | 🇺🇸 | Core Inflation Rate YoY (Apr) | 2.8 | 2.8 |
| 12:30 | 🇺🇸 | CPI (Apr) | 321.7 | 319.799 |
| 12:30 | 🇺🇸 | CPI s.a (Apr) | 320.6 | 319.615 |