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The Australian dollar dipped after monthly CPI slowed to 6.8% in February, below forecasts. Markets raised the odds of an RBA pause at its April 4 meeting and of rates having peaked at 3.6%.
Lower inflation and expectations of a rate pause weigh on the Aussie currency, a minor input for Australian export competitiveness in grains and meat.
kitco.comMar 29, 2023Not 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.
