# Australian dollar rises slightly after mixed data

> The Australian dollar rose slightly against the US dollar after Australian CPI rose 0.6% in the June quarter, above the 0.5% expected, while private sector credit rose less than forecast. Traders were also positioning ahead of the US Federal Reserve's expected 25bp rate cut. AUD/USD traded near 0.6886.

- Date: 2019-07-31 · published 2019-07-31T12:00:00.000Z
- Category: macro · region Australia · magnitude low
- Page: https://feedsoft.ai/events/58376-australian-dollar-rises-slightly-after-mixed-data
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

Mixed Australian data and a pending Fed cut leave the Aussie supported only briefly, which matters for currency-linked commodity pricing and import costs for Australian feed buyers.

## Read by commodity

- AUDUSD: bullish ▲

## Sources

- economies.com: https://www.economies.com/forex/aud-usd-news/australian-dollar-rises-slightly-after-mixed-data-30241

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.