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AUDUSD Discuss market action in the Australian Dollar versus the US Dollar

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Old 06-11-2009, 03:42 PM
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Default Australia’s inflation

This report, published by the Melbourne Institute, measures the average rate of consumer prices from the next twelve months, as expected by store owners. This report is a direct measure of the inflation expectations. An uptrend could mean rate hike.

A higher reading is considered positive for the Aussie, while a negative one could not be so good….
Current: 2.8%
Previous: 2.3%
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Old 10-17-2009, 01:40 AM
 

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theres gonna be inflation for sure.....and interest rate rises...meaning australian dollar will go higher...
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