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Australia's second-quarter headline CPI fell to 2.1% year-on-year, below the 2.2% forecast and the lowest since Q1 2021. The Aussie traded near 0.6500 as the report reinforced expectations of an August RBA rate cut before the Fed decision.
Softer Australian inflation increases the likelihood of RBA easing, which tends to weaken the Aussie against the US dollar and affects Australian export pricing.
marketpulse.comKenneth FisherJul 30, 2025Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
