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Australia's monthly CPI rose 2.5% year on year in January, in line with December and below the 2.6% market forecast. The Australian dollar traded 0.14% higher against the US dollar at 0.6351 after the release.
Softer inflation supports the view that the RBA can keep easing gradually, which limits Aussie strength. The impact on feed prices is minimal because the data is domestic and the currency reaction was small.
fxstreet.comLallalit SrijandornFeb 26, 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.
